23, RECTORY ROAD, HOOK NORTON, BANBURY, OX15 5QQ - £199,950

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.

23 RECTORY ROAD is a very small extended semi-detached house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £295,789. It was last sold for £199,950 in August 2014, which was around 17% below the average August 2014 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

23 RECTORY ROAD Sold Prices

Land registry data shows four sales for 23 RECTORY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the four 23 RECTORY ROAD 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
2014 15 AUG	£199,950	£241,500	17% below HPI
2012 23 NOV	£172,500	£210,609	18% below HPI
2008 20 AUG	£155,000	£200,238	23% below HPI
1996 13 SEP	£47,000	£62,397	25% below HPI

23 RECTORY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 23 RECTORY ROAD sales between September 1996 and August 2014 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 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23 RECTORY ROAD be worth now?

23 RECTORY ROAD might now be worth an estimated £295,789.

This is based on house price inflation of 47.9%, between August 2014 and May 2026, for semi-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 47.9% inflationary increase is applied to the most recent sale price for 23 RECTORY ROAD of £199,950 on 15th August 2014. For the value to have increased from £199,950 to £295,789 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 23 RECTORY ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The August 2014 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 23 RECTORY ROAD has not materially changed since August 2014.

How Large is 23 RECTORY ROAD?

23 RECTORY ROAD is 63m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of semi-detached houses houses in Hook Norton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hook Norton, and where 23 RECTORY ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 23 RECTORY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

23 RECTORY ROAD: Plot and Title Map

23 RECTORY ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 23 RECTORY ROAD, 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 23 RECTORY ROAD). 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 23 RECTORY ROAD?

23 RECTORY ROAD is located in HOOK NORTON, in the OX15 postcode district. The below map shows the position of No. 23 on RECTORY ROAD.