STONELEIGH, HORTON LANE, MILCOMBE, BANBURY, OX15 4RG - £480,000

STONELEIGH is a small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £480,000 in October 2022, which was around 17% below the average October 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

STONELEIGH Sold Prices

Land registry data shows four sales for STONELEIGH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four STONELEIGH 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
2022 21 OCT	£480,000	£576,863	17% below HPI
2014 4 DEC	£331,000	£411,229	20% below HPI
2008 8 FEB	£338,200	£347,484	3% below HPI
1999 16 JUL	£126,500	£154,770	18% below HPI

STONELEIGH 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 four STONELEIGH sales between July 1999 and October 2022 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is STONELEIGH?

STONELEIGH is 88m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Milcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Milcombe, and where STONELEIGH lies on this distribution: 21% of detached houses are smaller than STONELEIGH, and 79% of houses are larger. Note that EPC data is not available for all properties in Milcombe.

STONELEIGH: Plot and Title Map

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

STONELEIGH is located on HORTON LANE in MILCOMBE, in the OX15 postcode district. The below map shows the position of STONELEIGH on HORTON LANE.