OAK HOUSE, FULWELL ROAD, FINMERE, BUCKINGHAM, MK18 4AS - £530,000

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

OAK HOUSE is a small detached house of 130m², built sometime between 2007 and 2011. It was last sold for £530,000 in February 2024, which was around 3% below the average February 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

OAK HOUSE Sold Prices

Land registry data shows three sales for OAK HOUSE 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. Two of the three OAK HOUSE sales were for below the average price, whilst one was 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
2024 28 FEB	£530,000	£545,323	3% below HPI
2017 29 JUN	£455,000	£476,287	4% below HPI
2011 20 OCT	£395,000	£346,464	14% above HPI

OAK 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 three OAK HOUSE sales between October 2011 and February 2024 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 June 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 130m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Finmere, based on EPC data. The below chart shows the distribution of detached houses by size in Finmere, and where OAK HOUSE lies on this distribution: 25% of detached houses are smaller than OAK HOUSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Finmere.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of OAK 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 OAK 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 OAK HOUSE?

OAK HOUSE is located on FULWELL ROAD in FINMERE, in the MK18 postcode district. The below map shows the position of OAK HOUSE on FULWELL ROAD.