PARKVIEW, BLETCHINGDON ROAD, KIRTLINGTON, KIDLINGTON, OX5 3HF - £425,000

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

PARKVIEW is a small detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £731,912. It was last sold for £425,000 in July 2012, which was around 25% above the average July 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

PARKVIEW Sold Prices

Land registry data shows three sales for PARKVIEW 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. All of the three PARKVIEW 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
2012 13 JUL	£425,000	£339,539	25% above HPI
2008 28 MAR	£389,500	£339,630	15% above HPI
2006 23 AUG	£340,000	£323,509	5% above HPI

PARKVIEW 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 PARKVIEW sales between August 2006 and July 2012 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 March 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2012 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might PARKVIEW be worth now?

PARKVIEW might now be worth an estimated £731,912.

This is based on house price inflation of 72.2%, between July 2012 and December 2024, 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 72.2% inflationary increase is applied to the most recent sale price for PARKVIEW of £425,000 on 13th July 2012. For the value to have increased from £425,000 to £731,912 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of PARKVIEW has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2012 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of PARKVIEW has not materially changed since July 2012.

How Large is PARKVIEW?

PARKVIEW is 114m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses houses in Kirtlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirtlington, and where PARKVIEW lies on this distribution: 27% of detached houses houses are smaller than PARKVIEW, and 73% of houses are larger. Note that EPC data is not available for all properties in Kirtlington.

PARKVIEW: Plot and Title Map

PARKVIEW sits on a plot of roughly 0.304 of an acre, or 1,230m². The below map shows the location of PARKVIEW, 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 PARKVIEW). 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 PARKVIEW?

PARKVIEW is located on BLETCHINGDON ROAD in KIRTLINGTON, in the OX5 postcode district. The below map shows the position of PARKVIEW on BLETCHINGDON ROAD.