WESTBOURNE, BOURNE LANE, HOOK NORTON, BANBURY, OX15 5PF - £490,000

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

WESTBOURNE is a large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £490,000 in September 2016, which was around 3% above the average September 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was D.

WESTBOURNE Sold Prices

Land registry data shows two sales for WESTBOURNE 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. One of the two WESTBOURNE sales was for above the average price, whilst the other was 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
2016 23 SEP	£490,000	£474,702	3% above HPI
1998 12 FEB	£120,000	£134,576	11% below HPI

WESTBOURNE 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 WESTBOURNE sales from February 1998 and September 2016 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 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is WESTBOURNE?

WESTBOURNE is 165m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% 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 WESTBOURNE lies on this distribution: 79% of detached houses are smaller than WESTBOURNE, and 21% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

WESTBOURNE: Plot and Title Map

WESTBOURNE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of WESTBOURNE, 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 WESTBOURNE). 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 WESTBOURNE?

WESTBOURNE is located on BOURNE LANE in HOOK NORTON, in the OX15 postcode district. The below map shows the position of WESTBOURNE on BOURNE LANE.