THE SCHOOL HOUSE, SOUTH NEWINGTON, BANBURY, OX15 4JJ - £740,000

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 SCHOOL HOUSE is a large extended detached house of 225m², built sometime before 1900. It was last sold for £740,000 in August 2014, which was around 83% above the average August 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

THE SCHOOL HOUSE Sold Prices

Land registry data shows three sales for THE SCHOOL HOUSE 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 SCHOOL HOUSE 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 8 AUG	£740,000	£404,064	83% above HPI
2005 4 OCT	£573,500	£302,700	89% above HPI
1995 12 JUN	£192,500	£98,346	96% above HPI

THE SCHOOL HOUSE 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 SCHOOL HOUSE sales between June 1995 and August 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 2005 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the August 2014 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is THE SCHOOL HOUSE?

THE SCHOOL HOUSE is 225m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in South Newington, based on EPC data. The below chart shows the distribution of detached houses by size in South Newington, and where THE SCHOOL HOUSE lies on this distribution: 79% of detached houses are smaller than THE SCHOOL HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in South Newington.

THE SCHOOL HOUSE: Plot and Title Map

THE SCHOOL HOUSE sits on a plot of roughly 0.291 of an acre, or 1,177m². The below map shows the location of THE SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

THE SCHOOL HOUSE is located in SOUTH NEWINGTON, in the OX15 postcode district. The below map shows the position of THE SCHOOL HOUSE in SOUTH NEWINGTON.