1, OLD SCHOOL PLACE, BANBURY, OX16 4UB - £185,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 OLD SCHOOL PLACE is a midsized semi-detached house of 106m², built sometime between 1996 and 2002. It was last sold for £185,000 in November 2016, which was around 61% below the average November 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

1 OLD SCHOOL PLACE Sold Prices

Land registry data shows three sales for 1 OLD SCHOOL PLACE 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. All of the three 1 OLD SCHOOL PLACE 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
2016 14 NOV	£185,000	£470,663	61% below HPI
2003 27 NOV	£127,700	£273,949	53% below HPI
1998 27 MAR	£61,450	£131,769	53% below HPI

1 OLD SCHOOL PLACE 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 1 OLD SCHOOL PLACE sales between March 1998 and November 2016 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 November 2003 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2016 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 1 OLD SCHOOL PLACE?

1 OLD SCHOOL PLACE is 106m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 1 OLD SCHOOL PLACE lies on this distribution: 42% of detached houses are smaller than 1 OLD SCHOOL PLACE, and 57% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 OLD SCHOOL PLACE: Plot and Title Map

1 OLD SCHOOL PLACE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 1 OLD SCHOOL PLACE, 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 OLD SCHOOL PLACE). 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 OLD SCHOOL PLACE?

1 OLD SCHOOL PLACE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on OLD SCHOOL PLACE.