BRAMBLES, BOURNE LANE, HOOK NORTON, BANBURY, OX15 5PF - £400,000

BRAMBLES is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2017, which was around 18% below the average October 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

BRAMBLES Sold Prices

Land registry data shows three sales for BRAMBLES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three BRAMBLES 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
2017 27 OCT	£400,000	£488,250	18% below HPI
2005 25 NOV	£267,500	£304,120	12% below HPI
2004 2 APR	£215,000	£285,918	25% below HPI

BRAMBLES 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 three BRAMBLES sales between April 2004 and October 2017 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 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BRAMBLES?

BRAMBLES is 99m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where BRAMBLES lies on this distribution: 23% of detached houses are smaller than BRAMBLES, and 76% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

BRAMBLES: Plot and Title Map

BRAMBLES sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of BRAMBLES, 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 BRAMBLES). 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 BRAMBLES?

BRAMBLES is located on BOURNE LANE in HOOK NORTON, in the OX15 postcode district. The below map shows the position of BRAMBLES on BOURNE LANE.