LERMOOS, HARRISVILLE LANE, STEEPLE ASTON, BICESTER, OX25 4RP - £407,500

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

LERMOOS is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £407,500 in March 2021, which was around 16% below the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

LERMOOS Sold Prices

Land registry data shows two sales for LERMOOS 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 LERMOOS 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
2021 26 MAR	£407,500	£487,015	16% below HPI
2000 30 MAY	£125,000	£182,332	31% below HPI

LERMOOS 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 LERMOOS sales from May 2000 and March 2021 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 May 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is LERMOOS?

LERMOOS is 88m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Steeple Aston, based on EPC data. The below chart shows the distribution of detached houses by size in Steeple Aston, and where LERMOOS lies on this distribution: 15% of detached houses are smaller than LERMOOS, and 85% of houses are larger. Note that EPC data is not available for all properties in Steeple Aston.

LERMOOS: Plot and Title Map

LERMOOS sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of LERMOOS, 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 LERMOOS). 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 LERMOOS?

LERMOOS is located on HARRISVILLE LANE in STEEPLE ASTON, in the OX25 postcode district. The below map shows the position of LERMOOS on HARRISVILLE LANE.