LABURNUM, BRICK HILL, HOOK NORTON, BANBURY, OX15 5QA - £284,000

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

LABURNUM is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £284,000 in August 2014, which was around 30% below the average August 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

LABURNUM Sold Prices

Land registry data shows two sales for LABURNUM 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 LABURNUM 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 19 AUG	£284,000	£404,064	30% below HPI
2005 2 SEP	£185,000	£304,825	39% below HPI

LABURNUM 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 LABURNUM sales from September 2005 and August 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 September 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is LABURNUM?

LABURNUM is 76m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 LABURNUM lies on this distribution: 6% of detached houses are smaller than LABURNUM, and 94% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

LABURNUM: Plot and Title Map

LABURNUM sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of LABURNUM, 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 LABURNUM). 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 LABURNUM?

LABURNUM is located on BRICK HILL in HOOK NORTON, in the OX15 postcode district. The below map shows the position of LABURNUM on BRICK HILL.