THE THATCH, HIGH STREET, HOOK NORTON, BANBURY, OX15 5NH - £750,000

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 THATCH is a very large extended detached house of 167m², built sometime before 1900, which could now be worth an estimated £1,097,195. It was last sold for £750,000 in April 2014, which was around 98% above the average April 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2010, where the current energy rating was F, and the potential energy rating was E.

THE THATCH Sold Prices

Land registry data shows four sales for THE THATCH 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 THATCH sales 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
2014 11 APR	£750,000	£379,715	98% above HPI
2011 18 JUL	£740,000	£337,949	119% above HPI
1999 2 AUG	£355,000	£155,369	128% above HPI
1997 16 MAY	£139,000	£106,669	30% above HPI

THE THATCH 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 THATCH sales between May 1997 and April 2014 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 July 2011 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the April 2014 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might THE THATCH be worth now?

THE THATCH might now be worth an estimated £1,097,195.

This is based on house price inflation of 46.3%, between April 2014 and June 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 46.3% inflationary increase is applied to the most recent sale price for THE THATCH of £750,000 on 11th April 2014. For the value to have increased from £750,000 to £1,097,195 over the ten years and ten months to June 2025, the following assumptions must hold true:

• The value of THE THATCH has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The April 2014 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of THE THATCH has not materially changed since April 2014.

How Large is THE THATCH?

THE THATCH is 167m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the largest 20% of detached houses houses in Hook Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hook Norton, and where THE THATCH lies on this distribution: 80% of detached houses houses are smaller than THE THATCH, and 20% of houses are larger. Note that EPC data is not available for all properties in Hook Norton.

THE THATCH: Plot and Title Map

THE THATCH sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of THE THATCH, 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 THATCH). 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 THATCH?

THE THATCH is located on HIGH STREET in HOOK NORTON, in the OX15 postcode district. The below map shows the position of THE THATCH on HIGH STREET.