FALCONS NEST, PARK ROAD, HOOK NORTON, BANBURY, OX15 5PX - £650,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FALCONS NEST is a very large extended detached house of 183m², built sometime before 1900, which could now be worth an estimated £781,008. It was last sold for £650,000 in May 2018, which was around 37% above the average May 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

FALCONS NEST Sold Prices

Land registry data shows two sales for FALCONS NEST 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 FALCONS NEST 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
2018 23 MAY	£650,000	£473,596	37% above HPI
2013 13 DEC	£249,999	£369,859	32% below HPI

FALCONS NEST 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 FALCONS NEST sales from December 2013 and May 2018 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 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might FALCONS NEST be worth now?

FALCONS NEST might now be worth an estimated £781,008.

This is based on house price inflation of 20.2%, between May 2018 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for FALCONS NEST of £650,000 on 23rd May 2018. For the value to have increased from £650,000 to £781,008 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of FALCONS NEST has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2018 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of FALCONS NEST has not materially changed since May 2018.

How Large is FALCONS NEST?

FALCONS NEST is 183m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook Norton, and where FALCONS NEST lies on this distribution: 85% of detached houses houses are smaller than FALCONS NEST, and 14% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

FALCONS NEST: Plot and Title Map

FALCONS NEST sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of FALCONS NEST, 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 FALCONS NEST). 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 FALCONS NEST?

FALCONS NEST is located on PARK ROAD in HOOK NORTON, in the OX15 postcode district. The below map shows the position of FALCONS NEST on PARK ROAD.