THE NEW HOUSE, THE GREEN, CROPREDY, BANBURY, OX17 1NJ - £495,000

THE NEW HOUSE is a small extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £495,000 in December 2021, which was around 4% below the average December 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

THE NEW HOUSE Sold Prices

Land registry data shows two sales for THE NEW HOUSE 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 THE NEW HOUSE 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
2021 1 DEC	£495,000	£518,248	4% below HPI
2018 26 JAN	£375,000	£476,757	21% below HPI

THE NEW HOUSE 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 THE NEW HOUSE sales from January 2018 and December 2021 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 January 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 126m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Cropredy, based on EPC data. The below chart shows the distribution of detached houses by size in Cropredy, and where THE NEW HOUSE lies on this distribution: 33% of detached houses are smaller than THE NEW HOUSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Cropredy.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of THE NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

THE NEW HOUSE is located on THE GREEN in CROPREDY, in the OX17 postcode district. The below map shows the position of THE NEW HOUSE on THE GREEN.