THE BUTTERHOUSE, MARKET SQUARE, LOWER HEYFORD, BICESTER, OX25 5NY - £800,000

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

THE BUTTERHOUSE is a large extended detached house of 191m², built sometime between 1983 and 1990. It was last sold for £800,000 in May 2023, which was around 42% above the average May 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

THE BUTTERHOUSE Sold Prices

Land registry data shows two sales for THE BUTTERHOUSE 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 THE BUTTERHOUSE 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
2023 17 MAY	£800,000	£565,333	42% above HPI
2002 12 AUG	£520,000	£243,470	114% above HPI

THE BUTTERHOUSE 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 THE BUTTERHOUSE sales from August 2002 and May 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 August 2002 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the May 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE BUTTERHOUSE?

THE BUTTERHOUSE is 191m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Lower Heyford, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Heyford, and where THE BUTTERHOUSE lies on this distribution: 70% of detached houses are smaller than THE BUTTERHOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Lower Heyford.

THE BUTTERHOUSE: Plot and Title Map

THE BUTTERHOUSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of THE BUTTERHOUSE, 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 THE BUTTERHOUSE). 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 THE BUTTERHOUSE?

THE BUTTERHOUSE is located on MARKET SQUARE in LOWER HEYFORD, in the OX25 postcode district. The below map shows the position of THE BUTTERHOUSE on MARKET SQUARE.