CROSSWAYS, BLACKTHORN ROAD, LAUNTON, BICESTER, OX26 5DA - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CROSSWAYS is a midsized detached house of 118m², built sometime before 1900, which could now be worth an estimated £476,573. It was last sold for £400,000 in July 2020, which was around 16% below the average July 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2017, where the current energy rating was F, and the potential energy rating was C.

CROSSWAYS Sold Prices

Land registry data shows two sales for CROSSWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two CROSSWAYS 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
2020 27 JUL	£400,000	£477,618	16% below HPI
2018 13 JUL	£390,000	£479,764	19% below HPI

CROSSWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two CROSSWAYS sales from July 2018 and July 2020 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 July 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might CROSSWAYS be worth now?

CROSSWAYS might now be worth an estimated £476,573.

This is based on house price inflation of 19.1%, between July 2020 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for CROSSWAYS of £400,000 on 27th July 2020. For the value to have increased from £400,000 to £476,573 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of CROSSWAYS has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of CROSSWAYS has not materially changed since July 2020.

How Large is CROSSWAYS?

CROSSWAYS is 118m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses houses in Launton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Launton, and where CROSSWAYS lies on this distribution: 45% of detached houses houses are smaller than CROSSWAYS, and 54% of houses are larger. Note that EPC data is not available for all properties in Launton.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on BLACKTHORN ROAD in LAUNTON, in the OX26 postcode district. The below map shows the position of CROSSWAYS on BLACKTHORN ROAD.