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

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

TEME HOUSE is a very large extended semi-detached house of 198m², built sometime between 2003 and 2006. It was last sold for £550,000 in June 2015, which was around 27% above the average June 2015 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 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	£434,557	27% above HPI
2008 29 FEB	£565,000	£347,484	63% above HPI
2005 18 AUG	£440,000	£305,391	44% above HPI

TEME HOUSE 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 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 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2015 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

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 detached houses in Finmere, based on EPC data. The below chart shows the distribution of detached houses by size in Finmere, and where TEME HOUSE lies on this distribution: 80% of detached 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.