THE NOOK, WEEPING CROSS, BODICOTE, BANBURY, OX15 4ED - £618,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE NOOK is a very large extended detached house of 210m², built sometime between 1930 and 1949, which could now be worth an estimated £737,759. It was last sold for £618,000 in December 2020, which was around 26% above the average December 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 NOOK 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
2020 17 DEC	£618,000	£489,817	26% above HPI
2009 8 OCT	£470,000	£319,624	47% above HPI

THE NOOK 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 NOOK sales from October 2009 and December 2020 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 October 2009 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2020 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £737,759.

This is based on house price inflation of 19.4%, between December 2020 and December 2024, for 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 19.4% inflationary increase is applied to the most recent sale price for THE NOOK of £618,000 on 17th December 2020. For the value to have increased from £618,000 to £737,759 over the four years to December 2024, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2020 sale price of £618,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since December 2020.

How Large is THE NOOK?

THE NOOK is 210m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodicote, and where THE NOOK lies on this distribution: 98% of detached houses houses are smaller than THE NOOK, and 2% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on WEEPING CROSS in BODICOTE, in the OX15 postcode district. The below map shows the position of THE NOOK on WEEPING CROSS.