MILL COTTAGE, OLD ARNCOTT ROAD, AMBROSDEN, BICESTER, OX25 2LT - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MILL COTTAGE is a very small extended detached house of 92m², built sometime before 1900. It was last sold for £295,000 in September 2014, which was around 28% below the average September 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

MILL COTTAGE Sold Prices

Land registry data shows three sales for MILL 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 MILL COTTAGE 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 12 SEP	£295,000	£412,499	28% below HPI
2004 8 NOV	£249,000	£306,530	19% below HPI
1995 24 JUL	£87,000	£101,105	14% below HPI

MILL 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 MILL COTTAGE sales between July 1995 and September 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 November 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 92m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Ambrosden, based on EPC data. The below chart shows the distribution of detached houses by size in Ambrosden, and where MILL COTTAGE lies on this distribution: 8% of detached houses are smaller than MILL COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ambrosden.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on OLD ARNCOTT ROAD in AMBROSDEN, in the OX25 postcode district. The below map shows the position of MILL COTTAGE on OLD ARNCOTT ROAD.