STONECROFT, THE PADDOCKS, MOLLINGTON, BANBURY, OX17 1BW - £365,000

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

STONECROFT is a very small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £365,000 in June 2021, which was around 27% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

STONECROFT Sold Prices

Land registry data shows two sales for STONECROFT 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 STONECROFT 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
2021 22 JUN	£365,000	£501,795	27% below HPI
2011 2 DEC	£250,000	£339,846	26% below HPI

STONECROFT 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 STONECROFT sales from December 2011 and June 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 December 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is STONECROFT?

STONECROFT is 89m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where STONECROFT lies on this distribution: 17% of detached houses are smaller than STONECROFT, and 83% of houses are larger. Note that EPC data is not available for all properties in Mollington.

STONECROFT: Plot and Title Map

STONECROFT sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of STONECROFT, 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 STONECROFT). 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 STONECROFT?

STONECROFT is located on THE PADDOCKS in MOLLINGTON, in the OX17 postcode district. The below map shows the position of STONECROFT on THE PADDOCKS.