TEME HOUSE, BANBURY ROAD, FINMERE, BUCKINGHAM, MK18 4BW - £550,000

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.

TEME HOUSE is a very large extended semi-detached house of 198m², built sometime between 2003 and 2006, which could now be worth an estimated £737,732. It was last sold for £550,000 in June 2015, which was around 112% above the average June 2015 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

TEME HOUSE Sold Prices

Land registry data shows three sales for TEME HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the three TEME HOUSE 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
2015 24 JUN	£550,000	£259,569	112% above HPI
2008 29 FEB	£565,000	£210,990	168% above HPI
2005 18 AUG	£440,000	£186,760	136% above HPI

TEME HOUSE 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 three TEME HOUSE sales between August 2005 and June 2015 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 February 2008 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the June 2015 sale, where it falls to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might TEME HOUSE be worth now?

TEME HOUSE might now be worth an estimated £737,732.

This is based on house price inflation of 34.1%, between June 2015 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 34.1% inflationary increase is applied to the most recent sale price for TEME HOUSE of £550,000 on 24th June 2015. For the value to have increased from £550,000 to £737,732 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of TEME HOUSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The June 2015 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of TEME HOUSE has not materially changed since June 2015.

How Large is TEME HOUSE?

TEME HOUSE is 198m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of semi-detached houses houses in Finmere, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Finmere, and where TEME HOUSE lies on this distribution: 80% of semi-detached houses houses are smaller than TEME HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Finmere.

TEME HOUSE: Plot and Title Map

TEME HOUSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of TEME HOUSE, 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 TEME HOUSE). 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 TEME HOUSE?

TEME HOUSE is located on BANBURY ROAD in FINMERE, in the MK18 postcode district. The below map shows the position of TEME HOUSE on BANBURY ROAD.