VELATOR, COW LANE, STEEPLE ASTON, BICESTER, OX25 4SG - £320,000

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

VELATOR is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £320,000 in January 2021, which was around 36% below the average January 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was A.

VELATOR Sold Prices

Land registry data shows two sales for VELATOR 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 VELATOR 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 26 JAN	£320,000	£499,260	36% below HPI
1997 7 JUL	£83,000	£118,420	30% below HPI

VELATOR 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 VELATOR sales from July 1997 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 July 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is VELATOR?

VELATOR is 70m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Steeple Aston, based on EPC data. The below chart shows the distribution of detached houses by size in Steeple Aston, and where VELATOR lies on this distribution: 3% of detached houses are smaller than VELATOR, and 96% of houses are larger. Note that EPC data is not available for all properties in Steeple Aston.

VELATOR: Plot and Title Map

VELATOR sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of VELATOR, 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 VELATOR). 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 VELATOR?

VELATOR is located on COW LANE in STEEPLE ASTON, in the OX25 postcode district. The below map shows the position of VELATOR on COW LANE.