BRICK COTTAGE, SOUTH NEWINGTON, BANBURY, OX15 4JW - £260,000

BRICK COTTAGE is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £260,000 in March 2016, which was around 44% below the average March 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2023, where the current energy rating was G, and the potential energy rating was D.

BRICK COTTAGE Sold Prices

Land registry data shows three sales for BRICK COTTAGE 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 BRICK 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
2016 18 MAR	£260,000	£462,211	44% below HPI
1999 21 MAY	£87,000	£147,757	41% below HPI
1995 6 OCT	£50,500	£99,096	49% below HPI

BRICK 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 three BRICK COTTAGE sales between October 1995 and March 2016 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 May 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is BRICK COTTAGE?

BRICK COTTAGE is 60m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in South Newington, based on EPC data. The below chart shows the distribution of detached houses by size in South Newington, and where BRICK COTTAGE lies on this distribution: 4% of detached houses are smaller than BRICK COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in South Newington.

BRICK COTTAGE: Plot and Title Map

BRICK COTTAGE sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of BRICK 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 BRICK 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 BRICK COTTAGE?

BRICK COTTAGE is located in SOUTH NEWINGTON, in the OX15 postcode district. The below map shows the position of BRICK COTTAGE in SOUTH NEWINGTON.