NEW STONE HOUSE, MALTHOUSE LANE, SHUTFORD, BANBURY, OX15 6PB - £435,000

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

NEW STONE HOUSE is a midsized detached house of 122m², built sometime between 1976 and 1982. It was last sold for £435,000 in April 2021, which was around 11% below the average April 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

NEW STONE HOUSE Sold Prices

Land registry data shows two sales for NEW STONE HOUSE 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 NEW STONE HOUSE 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 9 APR	£435,000	£488,313	11% below HPI
2018 21 SEP	£400,000	£493,534	19% below HPI

NEW STONE HOUSE 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 NEW STONE HOUSE sales from September 2018 and April 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 September 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is NEW STONE HOUSE?

NEW STONE HOUSE is 122m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses by size in Shutford, and where NEW STONE HOUSE lies on this distribution: 43% of detached houses are smaller than NEW STONE HOUSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Shutford.

NEW STONE HOUSE: Plot and Title Map

NEW STONE HOUSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of NEW STONE HOUSE, 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 NEW STONE HOUSE). 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 NEW STONE HOUSE?

NEW STONE HOUSE is located on MALTHOUSE LANE in SHUTFORD, in the OX15 postcode district. The below map shows the position of NEW STONE HOUSE on MALTHOUSE LANE.