HOLLY COTTAGE, MAIN STREET, GREAT BOURTON, BANBURY, OX17 1QL - £718,500

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.

HOLLY COTTAGE is a midsized extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £754,634. It was last sold for £718,500 in October 2023, which was around 33% above the average October 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows five sales for HOLLY 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. Most of the five HOLLY COTTAGE sales were for above 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 18 OCT	£718,500	£541,802	33% above HPI
2019 14 OCT	£465,000	£454,766	2% above HPI
2015 6 NOV	£440,000	£445,639	1% below HPI
2004 14 OCT	£350,000	£303,321	15% above HPI
1996 4 APR	£131,000	£100,946	30% above HPI

HOLLY 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 HOLLY COTTAGE sales between April 1996 and October 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 October 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2023 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £754,634.

This is based on house price inflation of 5%, between October 2023 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £718,500 on 18th October 2023. For the value to have increased from £718,500 to £754,634 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2023 sale price of £718,500 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since October 2023.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 131m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Great Bourton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bourton, and where HOLLY COTTAGE lies on this distribution: 40% of detached houses houses are smaller than HOLLY COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Great Bourton.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on MAIN STREET in GREAT BOURTON, in the OX17 postcode district. The below map shows the position of HOLLY COTTAGE on MAIN STREET.