OLD FARMHOUSE, MOLLINGTON, BANBURY, OX17 1BD - £650,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OLD FARMHOUSE is a very large extended detached house of 246m², built sometime from 2007 onwards. It was last sold for £650,000 in June 2015, which was around 50% above the average June 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

OLD FARMHOUSE Sold Prices

Land registry data shows two sales for OLD FARMHOUSE 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 OLD FARMHOUSE 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 23 JUN	£650,000	£434,557	50% above HPI
2014 24 JUN	£450,000	£393,809	14% above HPI

OLD FARMHOUSE 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 OLD FARMHOUSE sales from June 2014 and June 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 June 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2015 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is OLD FARMHOUSE?

OLD FARMHOUSE is 246m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where OLD FARMHOUSE lies on this distribution: 96% of detached houses are smaller than OLD FARMHOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Mollington.

OLD FARMHOUSE: Plot and Title Map

OLD FARMHOUSE sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of OLD FARMHOUSE, 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 OLD FARMHOUSE). 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 OLD FARMHOUSE?

OLD FARMHOUSE is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of OLD FARMHOUSE in MOLLINGTON.