THE TRIANGLE, SIBFORD ROAD, HOOK NORTON, BANBURY, OX15 5JU - £475,000

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 TRIANGLE is a small extended semi-detached house of 109m², built sometime before 1900. It was last sold for £475,000 in January 2021, which was around 5% below the average January 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

THE TRIANGLE Sold Prices

Land registry data shows four sales for THE TRIANGLE 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. Most of the four THE TRIANGLE 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
2021 29 JAN	£475,000	£499,260	5% below HPI
2014 10 OCT	£330,000	£414,316	20% below HPI
2004 9 JUL	£246,000	£290,761	15% below HPI
1996 23 JAN	£112,500	£94,193	19% above HPI

THE TRIANGLE 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 TRIANGLE sales between January 1996 and January 2021 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is THE TRIANGLE?

THE TRIANGLE is 109m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where THE TRIANGLE lies on this distribution: 33% of detached houses are smaller than THE TRIANGLE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

THE TRIANGLE: Plot and Title Map

THE TRIANGLE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of THE TRIANGLE, 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 TRIANGLE). 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 TRIANGLE?

THE TRIANGLE is located on SIBFORD ROAD in HOOK NORTON, in the OX15 postcode district. The below map shows the position of THE TRIANGLE on SIBFORD ROAD.