PENRYN, STATION ROAD, LAUNTON, BICESTER, OX26 5DS - £366,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PENRYN is a very small extended semi-detached house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £418,166. It was last sold for £366,000 in September 2021, which was around 20% above the average September 2021 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

PENRYN Sold Prices

Land registry data shows four sales for PENRYN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the four PENRYN 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
2021 30 SEP	£366,000	£304,734	20% above HPI
2017 24 JUL	£327,500	£285,011	15% above HPI
2012 6 AUG	£245,000	£208,122	18% above HPI
2006 8 NOV	£300,000	£202,805	48% above HPI

PENRYN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The four PENRYN sales between November 2006 and September 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 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might PENRYN be worth now?

PENRYN might now be worth an estimated £418,166.

This is based on house price inflation of 14.3%, between September 2021 and February 2025, for semi-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 14.3% inflationary increase is applied to the most recent sale price for PENRYN of £366,000 on 30th September 2021. For the value to have increased from £366,000 to £418,166 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of PENRYN has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The September 2021 sale price of £366,000 represented a fair market value for the property.
• The size, condition, and specification of PENRYN has not materially changed since September 2021.

How Large is PENRYN?

PENRYN is 85m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of semi-detached houses houses in Launton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Launton, and where PENRYN lies on this distribution: 17% of semi-detached houses houses are smaller than PENRYN, and 83% of houses are larger. Note that EPC data is not available for all properties in Launton.

PENRYN: Plot and Title Map

PENRYN sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of PENRYN, 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 PENRYN). 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 PENRYN?

PENRYN is located on STATION ROAD in LAUNTON, in the OX26 postcode district. The below map shows the position of PENRYN on STATION ROAD.