DERWENT COTTAGE, SOMERTON ROAD, ARDLEY, BICESTER, OX27 7NS - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DERWENT COTTAGE is a very small detached house of 83m², built sometime between 1991 and 1995, which could now be worth an estimated £592,221. It was last sold for £380,000 in February 2014, which was around 1% above the average February 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

DERWENT COTTAGE Sold Prices

Land registry data shows four sales for DERWENT COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Most of the four DERWENT COTTAGE 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
2014 7 FEB	£380,000	£375,197	1% above HPI
1997 15 AUG	£180,000	£122,651	47% above HPI
1995 28 JUL	£149,950	£99,636	50% above HPI
1995 19 APR	£38,000	£94,169	60% below HPI

DERWENT COTTAGE 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 four DERWENT COTTAGE sales between April 1995 and February 2014 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 1997 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the February 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might DERWENT COTTAGE be worth now?

DERWENT COTTAGE might now be worth an estimated £592,221.

This is based on house price inflation of 55.8%, between February 2014 and December 2024, 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 55.8% inflationary increase is applied to the most recent sale price for DERWENT COTTAGE of £380,000 on 7th February 2014. For the value to have increased from £380,000 to £592,221 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of DERWENT COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2014 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of DERWENT COTTAGE has not materially changed since February 2014.

How Large is DERWENT COTTAGE?

DERWENT COTTAGE is 83m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses houses in Fewcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fewcott, and where DERWENT COTTAGE lies on this distribution: 14% of detached houses houses are smaller than DERWENT COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Fewcott.

DERWENT COTTAGE: Plot and Title Map

DERWENT COTTAGE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of DERWENT COTTAGE, 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 DERWENT COTTAGE). 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 DERWENT COTTAGE?

DERWENT COTTAGE is located on SOMERTON ROAD in ARDLEY, in the OX27 postcode district. The below map shows the position of DERWENT COTTAGE on SOMERTON ROAD.