LAUREL COTTAGE, BANBURY HILL, SHUTFORD, BANBURY, OX15 6PE - £420,000

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

LAUREL COTTAGE is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £420,000 in December 2010, which was around 24% above the average December 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

LAUREL COTTAGE Sold Prices

Land registry data shows three sales for LAUREL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three LAUREL 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
2010 10 DEC	£420,000	£338,880	24% above HPI
1999 26 APR	£225,000	£145,868	54% above HPI
1995 25 AUG	£125,000	£100,229	25% above HPI

LAUREL 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 three LAUREL COTTAGE sales between August 1995 and December 2010 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 April 1999 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the December 2010 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is LAUREL COTTAGE?

LAUREL COTTAGE is 69m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses by size in Shutford, and where LAUREL COTTAGE lies on this distribution: 16% of detached houses are smaller than LAUREL COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shutford.

LAUREL COTTAGE: Plot and Title Map

LAUREL COTTAGE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL COTTAGE?

LAUREL COTTAGE is located on BANBURY HILL in SHUTFORD, in the OX15 postcode district. The below map shows the position of LAUREL COTTAGE on BANBURY HILL.