THE MOUNT COTTAGE, BIRDS LANE, EPWELL, BANBURY, OX15 6LQ - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE MOUNT COTTAGE is a small extended detached house of 115m², built sometime before 1900. It was last sold for £385,000 in October 2017, which was around 21% below the average October 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

THE MOUNT COTTAGE Sold Prices

Land registry data shows four sales for THE MOUNT COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four THE MOUNT COTTAGE sales were 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
2017 13 OCT	£385,000	£488,250	21% below HPI
2008 20 JUN	£318,000	£345,431	8% below HPI
2006 17 MAR	£280,000	£304,050	8% below HPI
2000 27 OCT	£137,500	£197,322	30% below HPI

THE MOUNT COTTAGE 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 four THE MOUNT COTTAGE sales between October 2000 and October 2017 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 June 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is THE MOUNT COTTAGE?

THE MOUNT COTTAGE is 115m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Epwell, based on EPC data. The below chart shows the distribution of detached houses by size in Epwell, and where THE MOUNT COTTAGE lies on this distribution: 28% of detached houses are smaller than THE MOUNT COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Epwell.

THE MOUNT COTTAGE: Plot and Title Map

THE MOUNT COTTAGE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of THE MOUNT COTTAGE, 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 MOUNT COTTAGE). 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 MOUNT COTTAGE?

THE MOUNT COTTAGE is located on BIRDS LANE in EPWELL, in the OX15 postcode district. The below map shows the position of THE MOUNT COTTAGE on BIRDS LANE.