CHERRY LODGE, WATER LANE, FEWCOTT, BICESTER, OX27 7NX - £460,000

CHERRY LODGE is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £460,000 in July 2016, which was around 3% below the average July 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

CHERRY LODGE Sold Prices

Land registry data shows two sales for CHERRY LODGE 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 CHERRY LODGE sales was for below the average price, whilst the other was 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
2016 21 JUL	£460,000	£475,073	3% below HPI
2003 19 DEC	£295,000	£276,794	7% above HPI

CHERRY LODGE 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 CHERRY LODGE sales from December 2003 and July 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 December 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is CHERRY LODGE?

CHERRY LODGE is 163m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Fewcott, based on EPC data. The below chart shows the distribution of detached houses by size in Fewcott, and where CHERRY LODGE lies on this distribution: 84% of detached houses are smaller than CHERRY LODGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Fewcott.

CHERRY LODGE: Plot and Title Map

CHERRY LODGE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of CHERRY LODGE, 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 CHERRY LODGE). 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 CHERRY LODGE?

CHERRY LODGE is located on WATER LANE in FEWCOTT, in the OX27 postcode district. The below map shows the position of CHERRY LODGE on WATER LANE.