FERN COTTAGE, NEW PLACE CORNER, CROPREDY, BANBURY, OX17 1NZ - £295,000

FERN COTTAGE is a very small extended detached house of 63m², built sometime before 1900. It was last sold for £295,000 in December 2023, which was around 47% below the average December 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was B.

FERN COTTAGE Sold Prices

Land registry data shows five sales for FERN COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five FERN COTTAGE 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
2023 19 DEC	£295,000	£558,309	47% below HPI
2019 5 JUL	£235,000	£464,489	49% below HPI
2010 17 DEC	£165,000	£338,880	51% below HPI
2008 2 JAN	£185,800	£356,706	48% below HPI
1996 26 JUL	£69,950	£103,533	32% below HPI

FERN 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 five FERN COTTAGE sales between July 1996 and December 2023 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 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2023 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is FERN COTTAGE?

FERN COTTAGE is 63m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Cropredy, based on EPC data. The below chart shows the distribution of detached houses by size in Cropredy, and where FERN COTTAGE lies on this distribution: 3% of detached houses are smaller than FERN COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cropredy.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.015 of an acre, or 60m². The below map shows the location of FERN 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 FERN 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 FERN COTTAGE?

FERN COTTAGE is located on NEW PLACE CORNER in CROPREDY, in the OX17 postcode district. The below map shows the position of FERN COTTAGE on NEW PLACE CORNER.