DERWENT COTTAGE, SOMERTON ROAD, ARDLEY, BICESTER, OX27 7NS - £380,000

DERWENT COTTAGE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £380,000 in February 2014, which was about the average February 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

DERWENT COTTAGE Sold Prices

Land registry data shows four sales for DERWENT COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. The four DERWENT COTTAGE sales were a mix of roughly equal to the average price, above the average price, and 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
2014 7 FEB	£380,000	£380,727	Close to HPI
1997 15 AUG	£180,000	£124,459	45% above HPI
1995 28 JUL	£149,950	£101,105	48% above HPI
1995 19 APR	£38,000	£95,557	60% below HPI

DERWENT 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 four DERWENT COTTAGE sales between April 1995 and February 2014 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 August 1997 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is DERWENT COTTAGE?

DERWENT COTTAGE is 83m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 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 DERWENT COTTAGE lies on this distribution: 14% of detached houses are smaller than DERWENT COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Fewcott.

DERWENT COTTAGE: Plot and Title Map

DERWENT COTTAGE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of DERWENT 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 DERWENT 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 DERWENT COTTAGE?

DERWENT COTTAGE is located on SOMERTON ROAD in ARDLEY, in the OX27 postcode district. The below map shows the position of DERWENT COTTAGE on SOMERTON ROAD.