FERNLEA, BARNS LANE, BURFORD, OX18 4NE - £374,500

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

FERNLEA is a very small extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £374,500 in January 2015, which was around 14% below the average January 2015 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

FERNLEA Sold Prices

Land registry data shows two sales for FERNLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. Both of the two FERNLEA 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
2015 30 JAN	£374,500	£436,066	14% below HPI
2010 4 MAR	£265,000	£362,793	27% below HPI

FERNLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The two FERNLEA sales from March 2010 and January 2015 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 March 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is FERNLEA?

FERNLEA is 120m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Burford, based on EPC data. The below chart shows the distribution of detached houses by size in Burford, and where FERNLEA lies on this distribution: 16% of detached houses are smaller than FERNLEA, and 84% of houses are larger. Note that EPC data is not available for all properties in Burford.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

FERNLEA is located on BARNS LANE in BURFORD, in the OX18 postcode district. The below map shows the position of FERNLEA on BARNS LANE.