3, CHAPEL LANE, BODICOTE, BANBURY, OX15 4DA - £220,000

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.

3 CHAPEL LANE is a very small extended terraced house of 88m², built sometime before 1900, which could now be worth an estimated £366,560. It was last sold for £220,000 in May 2007, which was around 25% above the average May 2007 terraced price in the Cherwell local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

3 CHAPEL LANE Sold Prices

Land registry data shows four sales for 3 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the four 3 CHAPEL LANE 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
2007 23 MAY	£220,000	£176,248	25% above HPI
2004 12 AUG	£205,000	£150,081	37% above HPI
2001 11 APR	£130,000	£91,013	43% above HPI
1999 19 MAR	£92,000	£67,423	36% above HPI

3 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The four 3 CHAPEL LANE sales between March 1999 and May 2007 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 August 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2007 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 CHAPEL LANE be worth now?

3 CHAPEL LANE might now be worth an estimated £366,560.

This is based on house price inflation of 66.6%, between May 2007 and May 2026, for terraced 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 66.6% inflationary increase is applied to the most recent sale price for 3 CHAPEL LANE of £220,000 on 23rd May 2007. For the value to have increased from £220,000 to £366,560 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 3 CHAPEL LANE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The May 2007 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL LANE has not materially changed since May 2007.

How Large is 3 CHAPEL LANE?

3 CHAPEL LANE is 88m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of terraced houses houses in Bodicote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bodicote, and where 3 CHAPEL LANE lies on this distribution: 11% of terraced houses houses are smaller than 3 CHAPEL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

3 CHAPEL LANE: Plot and Title Map

3 CHAPEL LANE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 3 CHAPEL LANE, 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 3 CHAPEL LANE). 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 3 CHAPEL LANE?

3 CHAPEL LANE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 3 on CHAPEL LANE.