DERWEN, BICESTER ROAD, LAUNTON, BICESTER, OX26 5DP - £590,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

DERWEN is a very large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £590,000 in May 2011, which was around 76% above the average May 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

DERWEN Sold Prices

Land registry data shows two sales for DERWEN 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 DERWEN sales were for above 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
2011 4 MAY	£590,000	£334,687	76% above HPI
2007 12 JUL	£527,500	£350,247	51% above HPI

DERWEN 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 DERWEN sales from July 2007 and May 2011 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 2007 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2011 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is DERWEN?

DERWEN is 168m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where DERWEN lies on this distribution: 83% of detached houses are smaller than DERWEN, and 17% of houses are larger. Note that EPC data is not available for all properties in Launton.

DERWEN: Plot and Title Map

DERWEN sits on a plot of roughly 0.464 of an acre, or 1,879m². The below map shows the location of DERWEN, 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 DERWEN). 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 DERWEN?

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