HOME FARM COTTAGE, CHAPEL LANE, CROPREDY, BANBURY, OX17 1PA - £522,500

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.

HOME FARM COTTAGE is a midsized detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £648,877. It was last sold for £522,500 in August 2016, which was around 11% above the average August 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

HOME FARM COTTAGE Sold Prices

Land registry data shows two sales for HOME FARM 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. Both of the two HOME FARM COTTAGE 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 1 AUG	£522,500	£468,896	11% above HPI
2002 22 AUG	£260,000	£239,933	8% above HPI

HOME FARM 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 HOME FARM COTTAGE sales from August 2002 and August 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 August 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might HOME FARM COTTAGE be worth now?

HOME FARM COTTAGE might now be worth an estimated £648,877.

This is based on house price inflation of 24.2%, between August 2016 and August 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 24.2% inflationary increase is applied to the most recent sale price for HOME FARM COTTAGE of £522,500 on 1st August 2016. For the value to have increased from £522,500 to £648,877 over the nine years to August 2025, the following assumptions must hold true:

• The value of HOME FARM COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2016 sale price of £522,500 represented a fair market value for the property.
• The size, condition, and specification of HOME FARM COTTAGE has not materially changed since August 2016.

How Large is HOME FARM COTTAGE?

HOME FARM COTTAGE is 147m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses houses in Cropredy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cropredy, and where HOME FARM COTTAGE lies on this distribution: 53% of detached houses houses are smaller than HOME FARM COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Cropredy.

HOME FARM COTTAGE: Plot and Title Map

HOME FARM COTTAGE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of HOME FARM 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 HOME FARM 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 HOME FARM COTTAGE?

HOME FARM COTTAGE is located on CHAPEL LANE in CROPREDY, in the OX17 postcode district. The below map shows the position of HOME FARM COTTAGE on CHAPEL LANE.