2, THE MEAD, MOLLINGTON, BANBURY, OX17 1DN - £327,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE MEAD is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £643,336. It was last sold for £327,000 in August 2004, which was around 10% above the average August 2004 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

2 THE MEAD Sold Prices

Land registry data shows two sales for 2 THE MEAD 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 2 THE MEAD 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
2004 23 AUG	£327,000	£295,980	10% above HPI
1996 11 NOV	£138,500	£101,940	36% above HPI

2 THE MEAD 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 2 THE MEAD sales from November 1996 and August 2004 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 November 1996 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2004 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 THE MEAD be worth now?

2 THE MEAD might now be worth an estimated £643,336.

This is based on house price inflation of 96.7%, between August 2004 and August 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.7% inflationary increase is applied to the most recent sale price for 2 THE MEAD of £327,000 on 23rd August 2004. For the value to have increased from £327,000 to £643,336 over the 21 years to August 2025, the following assumptions must hold true:

• The value of 2 THE MEAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2004 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEAD has not materially changed since August 2004.

How Large is 2 THE MEAD?

2 THE MEAD is 121m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mollington, and where 2 THE MEAD lies on this distribution: 61% of detached houses houses are smaller than 2 THE MEAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Mollington.

2 THE MEAD: Plot and Title Map

2 THE MEAD sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 2 THE MEAD, 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 2 THE MEAD). 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 2 THE MEAD?

2 THE MEAD is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of No. 2 on THE MEAD.