HEATHFIELD COTTAGE, BROWNS LANE, CHARLBURY, CHIPPING NORTON, OX7 3QW - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HEATHFIELD COTTAGE is a very small extended detached house of 94m², built sometime before 1900, which could now be worth an estimated £541,992. It was last sold for £450,000 in April 2019, which was around 18% below the average April 2019 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was G, and the potential energy rating was G.

HEATHFIELD COTTAGE Sold Prices

Land registry data shows two sales for HEATHFIELD COTTAGE 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 HEATHFIELD 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
2019 8 APR	£450,000	£547,426	18% below HPI
2010 23 DEC	£250,000	£398,430	37% below HPI

HEATHFIELD COTTAGE 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 HEATHFIELD COTTAGE sales from December 2010 and April 2019 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 December 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might HEATHFIELD COTTAGE be worth now?

HEATHFIELD COTTAGE might now be worth an estimated £541,992.

This is based on house price inflation of 20.4%, between April 2019 and February 2025, for detached houses, in the West Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for HEATHFIELD COTTAGE of £450,000 on 8th April 2019. For the value to have increased from £450,000 to £541,992 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of HEATHFIELD COTTAGE has moved in line with the HPI for detached houses in the West Oxfordshire local authority area.
• The April 2019 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHFIELD COTTAGE has not materially changed since April 2019.

How Large is HEATHFIELD COTTAGE?

HEATHFIELD COTTAGE is 94m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses houses in Charlbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charlbury, and where HEATHFIELD COTTAGE lies on this distribution: 20% of detached houses houses are smaller than HEATHFIELD COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Charlbury.

HEATHFIELD COTTAGE: Plot and Title Map

HEATHFIELD COTTAGE sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of HEATHFIELD 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 HEATHFIELD 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 HEATHFIELD COTTAGE?

HEATHFIELD COTTAGE is located on BROWNS LANE in CHARLBURY, in the OX7 postcode district. The below map shows the position of HEATHFIELD COTTAGE on BROWNS LANE.