THE LAURELS, ROPE WAY, HOOK NORTON, BANBURY, OX15 5QD - £700,000

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 LAURELS is a very large detached house of 264m², built sometime before 1900. It was last sold for £700,000 in September 2010, which was around 97% above the average September 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2010, where the current energy rating was G, and the potential energy rating was E.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 LAURELS 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
2010 2 SEP	£700,000	£355,557	97% above HPI
2000 16 FEB	£325,000	£172,997	88% above HPI

THE LAURELS 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 LAURELS sales from February 2000 and September 2010 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 2000 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the September 2010 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 264m² according to the EPC inspection conducted in June 2010. This puts it in the largest 10% 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 THE LAURELS lies on this distribution: 97% of detached houses are smaller than THE LAURELS, and 3% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.339 of an acre, or 1,372m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on ROPE WAY in HOOK NORTON, in the OX15 postcode district. The below map shows the position of THE LAURELS on ROPE WAY.