OAK VIEW, WEEPING CROSS, BODICOTE, BANBURY, OX15 4EE - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAK VIEW is a small extended detached house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £469,789. It was last sold for £385,000 in September 2019, which was around 17% below the average September 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

OAK VIEW Sold Prices

Land registry data shows four sales for OAK VIEW 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 OAK VIEW 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 13 SEP	£385,000	£466,346	17% below HPI
2013 11 OCT	£345,000	£366,327	6% below HPI
1998 22 APR	£115,000	£132,308	13% below HPI
1996 29 MAR	£87,000	£100,428	13% below HPI

OAK VIEW 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 OAK VIEW sales between March 1996 and September 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 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might OAK VIEW be worth now?

OAK VIEW might now be worth an estimated £469,789.

This is based on house price inflation of 22%, between September 2019 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for OAK VIEW of £385,000 on 13th September 2019. For the value to have increased from £385,000 to £469,789 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of OAK VIEW has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The September 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of OAK VIEW has not materially changed since September 2019.

How Large is OAK VIEW?

OAK VIEW is 108m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodicote, and where OAK VIEW lies on this distribution: 25% of detached houses houses are smaller than OAK VIEW, and 75% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

OAK VIEW: Plot and Title Map

OAK VIEW sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of OAK VIEW, 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 VIEW). 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 VIEW?

OAK VIEW is located on WEEPING CROSS in BODICOTE, in the OX15 postcode district. The below map shows the position of OAK VIEW on WEEPING CROSS.