MALUM GROVE, SIBFORD ROAD, HOOK NORTON, BANBURY, OX15 5JY - £465,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

MALUM GROVE is a large detached house of 154m², built sometime between 1991 and 1995. It was last sold for £465,000 in August 2019, which was around 1% below the average August 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

MALUM GROVE Sold Prices

Land registry data shows two sales for MALUM GROVE 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. One of the two MALUM GROVE sales was for below the average price, whilst the other was 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
2019 9 AUG	£465,000	£468,433	1% below HPI
2005 18 FEB	£307,500	£290,612	6% above HPI

MALUM GROVE 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 MALUM GROVE sales from February 2005 and August 2019 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 February 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is MALUM GROVE?

MALUM GROVE is 154m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% 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 MALUM GROVE lies on this distribution: 76% of detached houses are smaller than MALUM GROVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

MALUM GROVE: Plot and Title Map

MALUM GROVE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of MALUM GROVE, 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 MALUM GROVE). 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 MALUM GROVE?

MALUM GROVE is located on SIBFORD ROAD in HOOK NORTON, in the OX15 postcode district. The below map shows the position of MALUM GROVE on SIBFORD ROAD.