MERRILETS, CHURCH STREET, BLOXHAM, BANBURY, OX15 4ET - £600,000

MERRILETS is a large extended detached house of 158m², built sometime between 1991 and 1995. It was last sold for £600,000 in February 2017, which was around 28% above the average February 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

MERRILETS Sold Prices

Land registry data shows two sales for MERRILETS 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 MERRILETS 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
2017 21 FEB	£600,000	£467,187	28% above HPI
2011 17 JUN	£400,000	£341,661	17% above HPI

MERRILETS 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 MERRILETS sales from June 2011 and February 2017 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 June 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2017 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is MERRILETS?

MERRILETS is 158m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Bloxham, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxham, and where MERRILETS lies on this distribution: 77% of detached houses are smaller than MERRILETS, and 23% of houses are larger. Note that EPC data is not available for all properties in Bloxham.

MERRILETS: Plot and Title Map

MERRILETS sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of MERRILETS, 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 MERRILETS). 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 MERRILETS?

MERRILETS is located on CHURCH STREET in BLOXHAM, in the OX15 postcode district. The below map shows the position of MERRILETS on CHURCH STREET.