TIMNA, CHURCH LANE, SHUTFORD, BANBURY, OX15 6PG - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TIMNA is a large extended detached house of 145m², built sometime between 1983 and 1990, which could now be worth an estimated £633,047. It was last sold for £450,000 in January 2015, which was around 11% above the average January 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

TIMNA Sold Prices

Land registry data shows two sales for TIMNA 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 TIMNA 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
2015 16 JAN	£450,000	£404,508	11% above HPI
2005 16 SEP	£322,500	£300,397	7% above HPI

TIMNA 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 TIMNA sales from September 2005 and January 2015 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 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might TIMNA be worth now?

TIMNA might now be worth an estimated £633,047.

This is based on house price inflation of 40.7%, between January 2015 and February 2025, 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 40.7% inflationary increase is applied to the most recent sale price for TIMNA of £450,000 on 16th January 2015. For the value to have increased from £450,000 to £633,047 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of TIMNA has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The January 2015 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of TIMNA has not materially changed since January 2015.

How Large is TIMNA?

TIMNA is 145m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shutford, and where TIMNA lies on this distribution: 64% of detached houses houses are smaller than TIMNA, and 34% of houses are larger. Note that EPC data is not available for all properties in Shutford.

TIMNA: Plot and Title Map

TIMNA sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of TIMNA, 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 TIMNA). 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 TIMNA?

TIMNA is located on CHURCH LANE in SHUTFORD, in the OX15 postcode district. The below map shows the position of TIMNA on CHURCH LANE.