5, THE MEAD, MOLLINGTON, BANBURY, OX17 1DN - £375,000

5 THE MEAD is a large detached house of 150m², built sometime between 1983 and 1990. It was last sold for £375,000 in September 2015, which was around 16% below the average September 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

5 THE MEAD Sold Prices

Land registry data shows four sales for 5 THE MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Most of the four 5 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
2015 11 SEP	£375,000	£444,659	16% below HPI
2013 27 MAR	£387,000	£359,456	8% above HPI
2002 4 JUL	£282,500	£238,731	18% above HPI
1998 29 APR	£165,000	£134,258	23% above HPI

5 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 four 5 THE MEAD sales between April 1998 and September 2015 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 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 THE MEAD?

5 THE MEAD is 150m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where 5 THE MEAD lies on this distribution: 76% of detached houses are smaller than 5 THE MEAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Mollington.

5 THE MEAD: Plot and Title Map

5 THE MEAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 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 5 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 5 THE MEAD?

5 THE MEAD is located in MOLLINGTON, in the OX17 postcode district. The below map shows the position of No. 5 on THE MEAD.