TWO TREES, HERNES ROAD, OXFORD, OX2 7PT - £1,400,000

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

TWO TREES is a midsized detached house of 146m², built sometime between 1900 and 1929. It was last sold for £1,400,000 in October 2023, which was around 48% above the average October 2023 detached price in the Oxford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

TWO TREES Sold Prices

Land registry data shows two sales for TWO TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oxford local authority area for the corresponding sale date. Both of the two TWO TREES 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
2023 27 OCT	£1,400,000	£948,706	48% above HPI
2000 29 FEB	£390,000	£264,379	48% above HPI

TWO TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oxford local authority area over time, sourced from the HPI. The two TWO TREES sales from February 2000 and October 2023 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 February 2000 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2023 sale, which was also at 48% above the HPI.

How Large is TWO TREES?

TWO TREES is 146m² according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses by size in Oxford, and where TWO TREES lies on this distribution: 56% of detached houses are smaller than TWO TREES, and 43% of houses are larger. Note that EPC data is not available for all properties in Oxford.

TWO TREES: Plot and Title Map

TWO TREES sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of TWO TREES, 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 TWO TREES). 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 TWO TREES?

TWO TREES is located on HERNES ROAD in OXFORD, in the OX2 postcode district. The below map shows the position of TWO TREES on HERNES ROAD.