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

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.

LABURNUM is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £405,857. It was last sold for £284,000 in August 2014, which was around 29% 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	£398,195	29% below HPI
2005 2 SEP	£185,000	£300,397	38% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might LABURNUM be worth now?

LABURNUM might now be worth an estimated £405,857.

This is based on house price inflation of 42.9%, between August 2014 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 42.9% inflationary increase is applied to the most recent sale price for LABURNUM of £284,000 on 19th August 2014. For the value to have increased from £284,000 to £405,857 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of LABURNUM has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2014 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of LABURNUM has not materially changed since August 2014.

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 houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook Norton, and where LABURNUM lies on this distribution: 6% of detached houses 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.