PEAR TREE COTTAGE, WEST STREET, SHUTFORD, BANBURY, OX15 6PH - £160,000

PEAR TREE COTTAGE is a very small extended detached house of 46m², built sometime before 1900. It was last sold for £160,000 in May 2008, which was around 55% below the average May 2008 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was F, and the potential energy rating was A.

PEAR TREE COTTAGE Sold Prices

Land registry data shows two sales for PEAR TREE 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 PEAR TREE COTTAGE sales were 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
2008 14 MAY	£160,000	£353,064	55% below HPI
2003 1 AUG	£145,000	£285,540	49% below HPI

PEAR TREE 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 PEAR TREE COTTAGE sales from August 2003 and May 2008 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 2003 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2008 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 46m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Shutford, based on EPC data. The below chart shows the distribution of detached houses by size in Shutford, and where PEAR TREE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than PEAR TREE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shutford.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE is located on WEST STREET in SHUTFORD, in the OX15 postcode district. The below map shows the position of PEAR TREE COTTAGE on WEST STREET.