GARDEN COTTAGE, PARK HILL, HOOK NORTON, BANBURY, OX15 5LP - £620,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GARDEN COTTAGE is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £620,000 in April 2023, which was around 8% above the average April 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

GARDEN COTTAGE Sold Prices

Land registry data shows three sales for GARDEN COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Two of the three GARDEN COTTAGE sales were for above the average price, whilst one was 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 13 APR	£620,000	£574,989	8% above HPI
2011 26 AUG	£160,000	£354,848	55% below HPI
1999 16 MAR	£185,000	£146,298	26% above HPI

GARDEN 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 three GARDEN COTTAGE sales between March 1999 and April 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 August 2011 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the April 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is GARDEN COTTAGE?

GARDEN COTTAGE is 134m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where GARDEN COTTAGE lies on this distribution: 62% of detached houses are smaller than GARDEN COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

GARDEN COTTAGE: Plot and Title Map

GARDEN COTTAGE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of GARDEN 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 GARDEN 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 GARDEN COTTAGE?

GARDEN COTTAGE is located on PARK HILL in HOOK NORTON, in the OX15 postcode district. The below map shows the position of GARDEN COTTAGE on PARK HILL.