1, BISMORE ROAD, BANBURY, OX16 1JN - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BISMORE ROAD is a midsized detached house of 112m², which could now be worth an estimated £395,436. It was last sold for £395,000 in October 2024, which was around 32% below the average October 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

1 BISMORE ROAD Sold Prices

Land registry data shows two sales for 1 BISMORE 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 1 BISMORE 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
2024 11 OCT	£395,000	£584,091	32% below HPI
2020 30 MAR	£348,000	£473,906	27% below HPI

1 BISMORE 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 1 BISMORE ROAD sales from March 2020 and October 2024 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 March 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 BISMORE ROAD be worth now?

1 BISMORE ROAD might now be worth an estimated £395,436.

This is based on house price inflation of 0.1%, between October 2024 and December 2024, 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 0.1% inflationary increase is applied to the most recent sale price for 1 BISMORE ROAD of £395,000 on 11th October 2024. For the value to have increased from £395,000 to £395,436 over the ten months to December 2024, the following assumptions must hold true:

• The value of 1 BISMORE ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BISMORE ROAD has not materially changed since October 2024.

How Large is 1 BISMORE ROAD?

1 BISMORE ROAD is 112m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 1 BISMORE ROAD lies on this distribution: 51% of detached houses houses are smaller than 1 BISMORE ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 BISMORE ROAD: Plot and Title Map

1 BISMORE ROAD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 1 BISMORE 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 1 BISMORE 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 1 BISMORE ROAD?

1 BISMORE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on BISMORE ROAD.