THE COTTAGE, CHAPEL LANE, ADDERBURY, BANBURY, OX17 3LY - £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.

THE COTTAGE is a very small extended detached house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £471,174. It was last sold for £275,000 in February 2011, which was around 19% below the average February 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was E.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. One of the three THE COTTAGE sales was for below the average price, whilst two 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
2011 16 FEB	£275,000	£339,863	19% below HPI
1998 26 JUN	£146,000	£136,689	7% above HPI
1996 5 JUL	£110,000	£102,029	8% above HPI

THE 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 three THE COTTAGE sales between July 1996 and February 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 June 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £471,174.

This is based on house price inflation of 71.3%, between February 2011 and August 2025, 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 71.3% inflationary increase is applied to the most recent sale price for THE COTTAGE of £275,000 on 16th February 2011. For the value to have increased from £275,000 to £471,174 over the thirteen years and six months to August 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2011 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since February 2011.

How Large is THE COTTAGE?

THE COTTAGE is 79m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses houses in Adderbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Adderbury, and where THE COTTAGE lies on this distribution: 3% of detached houses houses are smaller than THE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Adderbury.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on CHAPEL LANE in ADDERBURY, in the OX17 postcode district. The below map shows the position of THE COTTAGE on CHAPEL LANE.