APRIL COTTAGE, THE GREEN, SHENINGTON, BANBURY, OX15 6NE - £450,000

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.

APRIL COTTAGE is a very small extended detached house of 76m², built sometime before 1900, which could now be worth an estimated £536,930. It was last sold for £450,000 in May 2021, which was around 8% below the average May 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

APRIL COTTAGE Sold Prices

Land registry data shows two sales for APRIL COTTAGE 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 APRIL COTTAGE 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
2021 21 MAY	£450,000	£488,031	8% below HPI
2014 14 APR	£244,000	£379,715	36% below HPI

APRIL COTTAGE 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 APRIL COTTAGE sales from April 2014 and May 2021 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 April 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might APRIL COTTAGE be worth now?

APRIL COTTAGE might now be worth an estimated £536,930.

This is based on house price inflation of 19.3%, between May 2021 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 19.3% inflationary increase is applied to the most recent sale price for APRIL COTTAGE of £450,000 on 21st May 2021. For the value to have increased from £450,000 to £536,930 over the three years and nine months to August 2025, the following assumptions must hold true:

• The value of APRIL COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of APRIL COTTAGE has not materially changed since May 2021.

How Large is APRIL COTTAGE?

APRIL COTTAGE is 76m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Shenington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shenington, and where APRIL COTTAGE lies on this distribution: 3% of detached houses houses are smaller than APRIL COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shenington.

APRIL COTTAGE: Plot and Title Map

APRIL COTTAGE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of APRIL 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 APRIL 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.

Where is APRIL COTTAGE?

APRIL COTTAGE is located on THE GREEN in SHENINGTON, in the OX15 postcode district. The below map shows the position of APRIL COTTAGE on THE GREEN.