NISBET HOUSE, SOUTH SIDE, STEEPLE ASTON, BICESTER, OX25 4RU - £650,000

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

NISBET HOUSE is a very large extended detached house of 190m², built sometime between 1996 and 2002. It was last sold for £650,000 in November 2015, which was around 44% above the average November 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

NISBET HOUSE Sold Prices

Land registry data shows four sales for NISBET HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four NISBET HOUSE sales were 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
2015 27 NOV	£650,000	£452,208	44% above HPI
2003 26 SEP	£499,950	£281,312	78% above HPI
1999 8 OCT	£370,000	£165,895	123% above HPI
1999 1 FEB	£177,000	£147,152	20% above HPI

NISBET 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 four NISBET HOUSE sales between February 1999 and November 2015 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 2003 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2015 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is NISBET HOUSE?

NISBET HOUSE is 190m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 NISBET HOUSE lies on this distribution: 84% of detached houses are smaller than NISBET HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Steeple Aston.

NISBET HOUSE: Plot and Title Map

NISBET HOUSE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of NISBET 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 NISBET 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 NISBET HOUSE?

NISBET HOUSE is located on SOUTH SIDE in STEEPLE ASTON, in the OX25 postcode district. The below map shows the position of NISBET HOUSE on SOUTH SIDE.