OAKWOOD, HIGH STREET, LOWER BRAILES, BANBURY, OX15 5AQ - £352,000

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

OAKWOOD is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £352,000 in March 2021, which was around 29% below the average March 2021 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Both of the two OAKWOOD 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 16 MAR	£352,000	£497,808	29% below HPI
1998 8 JUL	£133,000	£161,122	17% below HPI

OAKWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two OAKWOOD sales from July 1998 and March 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 July 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is OAKWOOD?

OAKWOOD is 97m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Lower Brailes, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Brailes, and where OAKWOOD lies on this distribution: 37% of detached houses are smaller than OAKWOOD, and 61% of houses are larger. Note that EPC data is not available for all properties in Lower Brailes.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on HIGH STREET in LOWER BRAILES, in the OX15 postcode district. The below map shows the position of OAKWOOD on HIGH STREET.