NORTH RIDGE, PAINES HILL, STEEPLE ASTON, BICESTER, OX25 4SQ - £2,300,000

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

NORTH RIDGE is a very large extended detached house of 319m², built sometime before 1900. It was last sold for £2,300,000 in August 2022, which was around 308% above the average August 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.

NORTH RIDGE Sold Prices

Land registry data shows two sales for NORTH RIDGE 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 NORTH RIDGE 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
2022 22 AUG	£2,300,000	£563,140	308% above HPI
1999 15 OCT	£500,000	£165,895	201% above HPI

NORTH RIDGE 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 NORTH RIDGE sales from October 1999 and August 2022 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 1999 sale was for 201% above the HPI. So the extrapolation line tracks at 201% above the HPI over time, until the August 2022 sale, where it rises to 308% above the HPI. The line then continues to track at 308% above the HPI.

How Large is NORTH RIDGE?

NORTH RIDGE is 319m², which includes four extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% 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 NORTH RIDGE lies on this distribution: 95% of detached houses are smaller than NORTH RIDGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Steeple Aston.

NORTH RIDGE: Plot and Title Map

NORTH RIDGE sits on a plot of roughly 0.939 of an acre, or 3,802m². The below map shows the location of NORTH RIDGE, 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 NORTH RIDGE). 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 NORTH RIDGE?

NORTH RIDGE is located on PAINES HILL in STEEPLE ASTON, in the OX25 postcode district. The below map shows the position of NORTH RIDGE on PAINES HILL.