MILLDOWN, CLIFTON, BANBURY, OX15 0QA - £380,000

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

MILLDOWN is a very small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £380,000 in November 2019, which was around 17% below the average November 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

MILLDOWN Sold Prices

Land registry data shows three sales for MILLDOWN 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 MILLDOWN 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
2019 29 NOV	£380,000	£458,846	17% below HPI
2007 19 OCT	£250,000	£363,516	31% below HPI
1997 31 JUL	£111,000	£118,420	6% below HPI

MILLDOWN 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 MILLDOWN sales between July 1997 and November 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 October 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is MILLDOWN?

MILLDOWN is 101m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where MILLDOWN lies on this distribution: 14% of detached houses are smaller than MILLDOWN, and 86% of houses are larger. Note that EPC data is not available for all properties in Clifton.

MILLDOWN: Plot and Title Map

MILLDOWN sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of MILLDOWN, 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 MILLDOWN). 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 MILLDOWN?

MILLDOWN is located in CLIFTON, in the OX15 postcode district. The below map shows the position of MILLDOWN in CLIFTON.