SULA, BOURNE LANE, HOOK NORTON, BANBURY, OX15 5PF - £340,000

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

SULA is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £340,000 in September 2016, which was around 28% below the average September 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

SULA Sold Prices

Land registry data shows two sales for SULA 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 SULA 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 30 SEP	£340,000	£474,702	28% below HPI
2002 23 SEP	£210,500	£247,947	15% below HPI

SULA 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 SULA sales from September 2002 and September 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 September 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is SULA?

SULA is 101m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where SULA lies on this distribution: 26% of detached houses are smaller than SULA, and 74% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

SULA: Plot and Title Map

SULA sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of SULA, 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 SULA). 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 SULA?

SULA is located on BOURNE LANE in HOOK NORTON, in the OX15 postcode district. The below map shows the position of SULA on BOURNE LANE.