FARNELL FIELDS, PARADISE LANE, MILCOMBE, BANBURY, OX15 4RF - £1,125,000

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

FARNELL FIELDS is a very large extended detached house of 265m², built sometime before 1900. It was last sold for £1,125,000 in September 2020, which was around 132% above the average September 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was G, and the potential energy rating was D.

FARNELL FIELDS Sold Prices

Land registry data shows two sales for FARNELL FIELDS 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 FARNELL FIELDS 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
2020 21 SEP	£1,125,000	£485,460	132% above HPI
2004 3 SEP	£627,500	£305,025	106% above HPI

FARNELL FIELDS 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 FARNELL FIELDS sales from September 2004 and September 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 September 2004 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the September 2020 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is FARNELL FIELDS?

FARNELL FIELDS is 265m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Milcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Milcombe, and where FARNELL FIELDS lies on this distribution: 97% of detached houses are smaller than FARNELL FIELDS, and 3% of houses are larger. Note that EPC data is not available for all properties in Milcombe.

FARNELL FIELDS: Plot and Title Map

FARNELL FIELDS sits on a plot of roughly 0.607 of an acre, or 2,456m². The below map shows the location of FARNELL FIELDS, 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 FARNELL FIELDS). 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 FARNELL FIELDS?

FARNELL FIELDS is located on PARADISE LANE in MILCOMBE, in the OX15 postcode district. The below map shows the position of FARNELL FIELDS on PARADISE LANE.