GLENFINNAN, LOWER FARM LANE, MOLLINGTON, BANBURY, OX17 1BJ - £318,500

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

GLENFINNAN is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £318,500 in February 2021, which was around 35% below the average February 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

GLENFINNAN Sold Prices

Land registry data shows two sales for GLENFINNAN 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 GLENFINNAN 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
2021 24 FEB	£318,500	£491,489	35% below HPI
2018 29 AUG	£300,000	£491,292	39% below HPI

GLENFINNAN 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 GLENFINNAN sales from August 2018 and February 2021 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 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is GLENFINNAN?

GLENFINNAN is 88m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where GLENFINNAN lies on this distribution: 16% of detached houses are smaller than GLENFINNAN, and 84% of houses are larger. Note that EPC data is not available for all properties in Mollington.

GLENFINNAN: Plot and Title Map

GLENFINNAN sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of GLENFINNAN, 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 GLENFINNAN). 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 GLENFINNAN?

GLENFINNAN is located on LOWER FARM LANE in MOLLINGTON, in the OX17 postcode district. The below map shows the position of GLENFINNAN on LOWER FARM LANE.