CORRIEMUIR, UPPER BRAILES, BANBURY, OX15 5AX - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CORRIEMUIR is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £385,000 in May 2015, which was around 10% below the average May 2015 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

CORRIEMUIR Sold Prices

Land registry data shows two sales for CORRIEMUIR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Both of the two CORRIEMUIR sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 21 MAY	£385,000	£427,821	10% below HPI
1995 1 AUG	£90,000	£123,230	27% below HPI

CORRIEMUIR Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two CORRIEMUIR sales from August 1995 and May 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1995 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is CORRIEMUIR?

CORRIEMUIR is 99m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses in Upper Brailes, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Brailes, and where CORRIEMUIR lies on this distribution: 28% of detached houses are smaller than CORRIEMUIR, and 72% of houses are larger. Note that EPC data is not available for all properties in Upper Brailes.

CORRIEMUIR: Plot and Title Map

CORRIEMUIR sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of CORRIEMUIR, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CORRIEMUIR). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CORRIEMUIR?

CORRIEMUIR is located in UPPER BRAILES, in the OX15 postcode district. The below map shows the position of CORRIEMUIR in UPPER BRAILES.