PARNASSUS, MAIN STREET, GREAT BOURTON, BANBURY, OX17 1QW - £967,180

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

PARNASSUS is a very large extended detached house of 350m², built sometime between 1900 and 1929. It was last sold for £967,180 in July 2024, which was around 59% above the average July 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

PARNASSUS Sold Prices

Land registry data shows three sales for PARNASSUS 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 PARNASSUS 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
2024 24 JUL	£967,180	£610,179	59% above HPI
2010 3 SEP	£900,000	£355,557	153% above HPI
2005 7 DEC	£680,000	£304,632	123% above HPI

PARNASSUS 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 PARNASSUS sales between December 2005 and July 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 September 2010 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the July 2024 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is PARNASSUS?

PARNASSUS is 350m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in Great Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bourton, and where PARNASSUS lies on this distribution: 98% of detached houses are smaller than PARNASSUS, and 2% of houses are larger. Note that EPC data is not available for all properties in Great Bourton.

PARNASSUS: Plot and Title Map

PARNASSUS sits on a plot of roughly 0.323 of an acre, or 1,305m². The below map shows the location of PARNASSUS, 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 PARNASSUS). 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 PARNASSUS?

PARNASSUS is located on MAIN STREET in GREAT BOURTON, in the OX17 postcode district. The below map shows the position of PARNASSUS on MAIN STREET.