THE OLD SMITHY, SOUTH NEWINGTON ROAD, BLOXHAM, BANBURY, OX15 4QF - £400,000

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 OLD SMITHY is a very large detached house of 170m², built sometime before 1900. It was last sold for £400,000 in January 2018, which was around 16% below the average January 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

THE OLD SMITHY Sold Prices

Land registry data shows two sales for THE OLD SMITHY 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. One of the two THE OLD SMITHY sales was for below the average price, whilst the other was 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
2018 26 JAN	£400,000	£476,757	16% below HPI
1999 27 SEP	£185,000	£163,028	13% above HPI

THE OLD SMITHY 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 OLD SMITHY sales from September 1999 and January 2018 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 September 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is THE OLD SMITHY?

THE OLD SMITHY is 170m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Bloxham, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxham, and where THE OLD SMITHY lies on this distribution: 83% of detached houses are smaller than THE OLD SMITHY, and 17% of houses are larger. Note that EPC data is not available for all properties in Bloxham.

THE OLD SMITHY: Plot and Title Map

THE OLD SMITHY sits on a plot of roughly 0.047 of an acre, or 188m². The below map shows the location of THE OLD SMITHY, 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 SMITHY). 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 SMITHY?

THE OLD SMITHY is located on SOUTH NEWINGTON ROAD in BLOXHAM, in the OX15 postcode district. The below map shows the position of THE OLD SMITHY on SOUTH NEWINGTON ROAD.