HOMESTEAD, THE GREEN, HOOK NORTON, BANBURY, OX15 5LE - £467,500

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

HOMESTEAD is a very large extended detached house of 172m², built sometime before 1900. It was last sold for £467,500 in September 2003, which was around 66% above the average September 2003 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

HOMESTEAD Sold Prices

Land registry data shows two sales for HOMESTEAD 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 HOMESTEAD 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
2003 12 SEP	£467,500	£281,312	66% above HPI
1995 30 AUG	£225,000	£100,229	124% above HPI

HOMESTEAD 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 HOMESTEAD sales from August 1995 and September 2003 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 1995 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the September 2003 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is HOMESTEAD?

HOMESTEAD is 172m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 20% 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 HOMESTEAD lies on this distribution: 82% of detached houses are smaller than HOMESTEAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.302 of an acre, or 1,222m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located on THE GREEN in HOOK NORTON, in the OX15 postcode district. The below map shows the position of HOMESTEAD on THE GREEN.