ROSEBANK, SHERWOOD CLOSE, LAUNTON, BICESTER, OX26 5DR - £365,000

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

ROSEBANK is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £365,000 in March 2016, which was around 21% below the average March 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

ROSEBANK Sold Prices

Land registry data shows three sales for ROSEBANK 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 ROSEBANK 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
2016 10 MAR	£365,000	£462,211	21% below HPI
2010 15 JUN	£245,000	£347,946	30% below HPI
2004 2 FEB	£177,000	£280,484	37% below HPI

ROSEBANK 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 ROSEBANK sales between February 2004 and March 2016 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 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is ROSEBANK?

ROSEBANK is 82m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where ROSEBANK lies on this distribution: 14% of detached houses are smaller than ROSEBANK, and 85% of houses are larger. Note that EPC data is not available for all properties in Launton.

ROSEBANK: Plot and Title Map

ROSEBANK sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of ROSEBANK, 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 ROSEBANK). 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 ROSEBANK?

ROSEBANK is located on SHERWOOD CLOSE in LAUNTON, in the OX26 postcode district. The below map shows the position of ROSEBANK on SHERWOOD CLOSE.