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
SUMARA is a large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £650,000 in June 2023, which was around 8% above the average June 2023 detached price in the West Oxfordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for SUMARA since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Oxfordshire local authority area for the corresponding sale date. One of the two SUMARA sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 14 JUN | £650,000 | £603,776 | 8% above HPI |
2014 22 MAY | £399,950 | £407,648 | 2% below HPI |
The below graph shows the average detached house price in the West Oxfordshire local authority area over time, sourced from the HPI. The two SUMARA sales from May 2014 and June 2023 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 May 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
SUMARA is 172m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Minster Lovell, based on EPC data. The below chart shows the distribution of detached houses by size in Minster Lovell, and where SUMARA lies on this distribution: 79% of detached houses are smaller than SUMARA, and 21% of houses are larger. Note that EPC data is not available for all properties in Minster Lovell.
SUMARA sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of SUMARA, 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 SUMARA). 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.
SUMARA is located on BUSHEY GROUND in MINSTER LOVELL, in the OX29 postcode district. The below map shows the position of SUMARA on BUSHEY GROUND.