ERIDGE, HORN HILL ROAD, ADDERBURY, BANBURY, OX17 3EW - £525,000

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

ERIDGE is a midsized extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £525,000 in February 2010, which was around 62% above the average February 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was E.

ERIDGE Sold Prices

Land registry data shows two sales for ERIDGE 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 ERIDGE 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
2010 26 FEB	£525,000	£324,726	62% above HPI
1999 6 JUL	£285,000	£154,770	84% above HPI

ERIDGE 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 ERIDGE sales from July 1999 and February 2010 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 1999 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the February 2010 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is ERIDGE?

ERIDGE is 174m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of detached houses in Adderbury, based on EPC data. The below chart shows the distribution of detached houses by size in Adderbury, and where ERIDGE lies on this distribution: 56% of detached houses are smaller than ERIDGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Adderbury.

ERIDGE: Plot and Title Map

ERIDGE sits on a plot of roughly 0.407 of an acre, or 1,649m². The below map shows the location of ERIDGE, 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 ERIDGE). 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 ERIDGE?

ERIDGE is located on HORN HILL ROAD in ADDERBURY, in the OX17 postcode district. The below map shows the position of ERIDGE on HORN HILL ROAD.