CERNEY COTTAGE, BICESTER ROAD, LAUNTON, BICESTER, OX26 5DP - £505,000

CERNEY COTTAGE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £505,000 in March 2021, which was around 4% above the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2018, where the current energy rating was F, and the potential energy rating was D.

CERNEY COTTAGE Sold Prices

Land registry data shows two sales for CERNEY 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. One of the two CERNEY COTTAGE sales was for above the average price, whilst the other was 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 2 MAR	£505,000	£487,015	4% above HPI
1998 12 MAR	£130,500	£131,769	1% below HPI

CERNEY 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 CERNEY COTTAGE sales from March 1998 and March 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 March 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is CERNEY COTTAGE?

CERNEY COTTAGE is 113m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Launton, based on EPC data. The below chart shows the distribution of detached houses by size in Launton, and where CERNEY COTTAGE lies on this distribution: 42% of detached houses are smaller than CERNEY COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Launton.

CERNEY COTTAGE: Plot and Title Map

CERNEY COTTAGE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of CERNEY 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 CERNEY 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 CERNEY COTTAGE?

CERNEY COTTAGE is located on BICESTER ROAD in LAUNTON, in the OX26 postcode district. The below map shows the position of CERNEY COTTAGE on BICESTER ROAD.