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
WILLOW COTTAGE is a very small detached house of 77m², built sometime before 1900. It was last sold for £500,000 in March 2024, which was around 8% below the average March 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for WILLOW COTTAGE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Most of the five WILLOW COTTAGE 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 5 MAR | £500,000 | £542,256 | 8% below HPI |
2021 22 MAR | £451,000 | £487,015 | 7% below HPI |
2014 30 OCT | £440,000 | £414,316 | 6% above HPI |
2007 3 SEP | £395,001 | £363,490 | 9% above HPI |
2003 13 JUN | £295,000 | £277,670 | 6% above HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The five WILLOW COTTAGE sales between June 2003 and March 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 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
WILLOW COTTAGE is 77m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Kirtlington, based on EPC data. The below chart shows the distribution of detached houses by size in Kirtlington, and where WILLOW COTTAGE lies on this distribution: 1% of detached houses are smaller than WILLOW COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Kirtlington.
WILLOW COTTAGE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of WILLOW COTTAGE, 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 WILLOW COTTAGE). 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.
WILLOW COTTAGE is located on BLETCHINGDON ROAD in KIRTLINGTON, in the OX5 postcode district. The below map shows the position of WILLOW COTTAGE on BLETCHINGDON ROAD.