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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LAUREL COTTAGE is a very small extended detached house of 69m², built sometime before 1900, which could now be worth an estimated £735,389. It was last sold for £420,000 in December 2010, which was around 26% 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	£333,958	26% above HPI
1999 26 APR	£225,000	£143,750	57% above HPI
1995 25 AUG	£125,000	£98,773	27% 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 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2010 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might LAUREL COTTAGE be worth now?

LAUREL COTTAGE might now be worth an estimated £735,389.

This is based on house price inflation of 75.1%, between December 2010 and December 2024, 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 75.1% inflationary increase is applied to the most recent sale price for LAUREL COTTAGE of £420,000 on 10th December 2010. For the value to have increased from £420,000 to £735,389 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of LAUREL COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2010 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of LAUREL COTTAGE has not materially changed since December 2010.

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 houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shutford, and where LAUREL COTTAGE lies on this distribution: 16% of detached houses 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 0.084 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.