GARTERS, STOCKING LANE, SHENINGTON, BANBURY, OX15 6NF - £576,250

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.

GARTERS is a midsized detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £714,470. It was last sold for £576,250 in April 2016, which was around 25% above the average April 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

GARTERS Sold Prices

Land registry data shows two sales for GARTERS 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. Both of the two GARTERS sales were 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 29 APR	£576,250	£460,851	25% above HPI
2006 12 OCT	£437,500	£329,023	33% above HPI

GARTERS 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 GARTERS sales from October 2006 and April 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 October 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might GARTERS be worth now?

GARTERS might now be worth an estimated £714,470.

This is based on house price inflation of 24%, between April 2016 and March 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 24% inflationary increase is applied to the most recent sale price for GARTERS of £576,250 on 29th April 2016. For the value to have increased from £576,250 to £714,470 over the nine years and one month to March 2025, the following assumptions must hold true:

• The value of GARTERS has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The April 2016 sale price of £576,250 represented a fair market value for the property.
• The size, condition, and specification of GARTERS has not materially changed since April 2016.

How Large is GARTERS?

GARTERS is 146m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses houses in Shenington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shenington, and where GARTERS lies on this distribution: 44% of detached houses houses are smaller than GARTERS, and 56% of houses are larger. Note that EPC data is not available for all properties in Shenington.

GARTERS: Plot and Title Map

GARTERS sits on a plot of roughly 0.292 of an acre, or 1,180m². The below map shows the location of GARTERS, 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 GARTERS). 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 GARTERS?

GARTERS is located on STOCKING LANE in SHENINGTON, in the OX15 postcode district. The below map shows the position of GARTERS on STOCKING LANE.