WELL HOUSE, BANBURY LANE, CULWORTH, BANBURY, OX17 2AX - £465,000

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

WELL HOUSE is a small extended detached house of 151m², built sometime before 1900. It was last sold for £465,000 in August 2024, which was around 1% below the average August 2024 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was B.

WELL HOUSE Sold Prices

Land registry data shows four sales for WELL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Most of the four WELL 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
2024 12 AUG	£465,000	£469,702	1% below HPI
2005 18 MAR	£294,000	£253,448	16% above HPI
2002 13 NOV	£220,000	£204,473	8% above HPI
1997 12 NOV	£110,000	£104,260	6% above HPI

WELL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The four WELL HOUSE sales between November 1997 and August 2024 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 March 2005 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is WELL HOUSE?

WELL HOUSE is 151m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Culworth, based on EPC data. The below chart shows the distribution of detached houses by size in Culworth, and where WELL HOUSE lies on this distribution: 39% of detached houses are smaller than WELL HOUSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Culworth.

WELL HOUSE: Plot and Title Map

WELL HOUSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of WELL 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 WELL 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 WELL HOUSE?

WELL HOUSE is located on BANBURY LANE in CULWORTH, in the OX17 postcode district. The below map shows the position of WELL HOUSE on BANBURY LANE.