THE OLD BARN, HORTON LANE, MILCOMBE, BANBURY, OX15 4RG - £564,000

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 OLD BARN is a large semi-detached house of 188m², built sometime between 1976 and 1982. It was last sold for £564,000 in September 2014, which was around 37% above the average September 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

THE OLD BARN Sold Prices

Land registry data shows three sales for THE OLD BARN 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 THE OLD BARN 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
2014 25 SEP	£564,000	£412,499	37% above HPI
2009 23 OCT	£490,000	£324,335	51% above HPI
1996 22 AUG	£216,000	£107,818	100% above HPI

THE OLD BARN 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 THE OLD BARN sales between August 1996 and September 2014 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 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2014 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is THE OLD BARN?

THE OLD BARN is 188m² according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses in Milcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Milcombe, and where THE OLD BARN lies on this distribution: 79% of detached houses are smaller than THE OLD BARN, and 21% of houses are larger. Note that EPC data is not available for all properties in Milcombe.

THE OLD BARN: Plot and Title Map

THE OLD BARN sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of THE OLD BARN, 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 OLD BARN). 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 OLD BARN?

THE OLD BARN is located on HORTON LANE in MILCOMBE, in the OX15 postcode district. The below map shows the position of THE OLD BARN on HORTON LANE.