THE BARN, SOMERTON ROAD, UPPER HEYFORD, BICESTER, OX25 5LB - £263,000

THE BARN is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £263,000 in August 2011, which was around 26% below the average August 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

THE BARN Sold Prices

Land registry data shows four sales for THE BARN 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 THE BARN 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
2011 11 AUG	£263,000	£354,848	26% below HPI
2002 27 SEP	£189,950	£247,947	23% below HPI
2001 23 MAR	£75,000	£194,342	61% below HPI
1995 21 AUG	£15,000	£100,229	85% below HPI

THE BARN 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 THE BARN sales between August 1995 and August 2011 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 September 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE BARN?

THE BARN is 73m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Upper Heyford, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Heyford, and where THE BARN lies on this distribution: Less than 1% of detached houses are smaller than THE BARN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Upper Heyford.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on SOMERTON ROAD in UPPER HEYFORD, in the OX25 postcode district. The below map shows the position of THE BARN on SOMERTON ROAD.