HOME LEA, MOUNT SKIPPETT, RAMSDEN, CHIPPING NORTON, OX7 3AP - £345,000

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

HOME LEA is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £345,000 in March 2014, which was around 15% below the average March 2014 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

HOME LEA Sold Prices

Land registry data shows two sales for HOME LEA 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 HOME LEA 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
2014 5 MAR	£345,000	£404,747	15% below HPI
2010 26 JAN	£310,000	£346,188	10% below HPI

HOME LEA 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 HOME LEA sales from January 2010 and March 2014 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 January 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is HOME LEA?

HOME LEA is 88m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Finstock, based on EPC data. The below chart shows the distribution of detached houses by size in Finstock, and where HOME LEA lies on this distribution: 11% of detached houses are smaller than HOME LEA, and 89% of houses are larger. Note that EPC data is not available for all properties in Finstock.

HOME LEA: Plot and Title Map

HOME LEA sits on a plot of roughly 0.259 of an acre, or 1,047m². The below map shows the location of HOME LEA, 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 HOME LEA). 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 HOME LEA?

HOME LEA is located on MOUNT SKIPPETT in RAMSDEN, in the OX7 postcode district. The below map shows the position of HOME LEA on MOUNT SKIPPETT.