2, FAIRING ROAD, BODICOTE, BANBURY, OX15 4UH - £415,000

2 FAIRING ROAD is a very small detached house of 94m². It was last sold for £415,000 in March 2023, which was around 27% below the average March 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2021, where the current energy rating was B, and the potential energy rating was A.

2 FAIRING ROAD Sold Prices

Land registry data shows two sales for 2 FAIRING ROAD 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 2 FAIRING ROAD 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
2023 31 MAR	£415,000	£571,855	27% below HPI
2021 26 FEB	£350,000	£491,489	29% below HPI

2 FAIRING ROAD 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 2 FAIRING ROAD sales from February 2021 and March 2023 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 February 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 FAIRING ROAD?

2 FAIRING ROAD is 94m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where 2 FAIRING ROAD lies on this distribution: 20% of detached houses are smaller than 2 FAIRING ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

2 FAIRING ROAD: Plot and Title Map

2 FAIRING ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 FAIRING ROAD, 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 2 FAIRING ROAD). 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 2 FAIRING ROAD?

2 FAIRING ROAD is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 2 on FAIRING ROAD.