MERESTONES, DOWN END, HOOK NORTON, BANBURY, OX15 5LL - £275,000

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.

MERESTONES is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £484,847. It was last sold for £275,000 in December 2006, which was around 16% below the average December 2006 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

MERESTONES Sold Prices

Land registry data shows one sale for MERESTONES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cherwell local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 12 DEC	£275,000	£328,341	16% below HPI

What might MERESTONES be worth now?

MERESTONES might now be worth an estimated £484,847.

This is based on house price inflation of 76.3%, between December 2006 and May 2026, 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 76.3% inflationary increase is applied to the most recent sale price for MERESTONES of £275,000 on 12th December 2006. For the value to have increased from £275,000 to £484,847 over the twenty years and seven months to May 2026, the following assumptions must hold true:

• The value of MERESTONES has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2006 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of MERESTONES has not materially changed since December 2006.

How Large is MERESTONES?

MERESTONES is 72m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Hook Norton, and where MERESTONES lies on this distribution: 5% of detached houses are smaller than MERESTONES, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Hook Norton.

MERESTONES: Plot

MERESTONES sits on a plot of roughly 0.133 of an acre, or 538m².

Where is MERESTONES?

MERESTONES is located on DOWN END in HOOK NORTON, in the OX15 postcode district.