1, PARK VALE, HIGHTOWN ROAD, BANBURY, OX16 9BE - £455,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PARK VALE is a very large extended detached house of 200m², built sometime between 2003 and 2006. It was last sold for £455,000 in November 2015, which was around 1% above the average November 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 PARK VALE Sold Prices

Land registry data shows two sales for 1 PARK VALE 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 PARK VALE 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
2015 18 NOV	£455,000	£452,208	1% above HPI
2010 26 JAN	£465,000	£328,411	42% above HPI

1 PARK VALE 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 PARK VALE sales from January 2010 and November 2015 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 2010 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 PARK VALE?

1 PARK VALE is 200m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% 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 PARK VALE lies on this distribution: 98% of detached houses are smaller than 1 PARK VALE, and 2% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 PARK VALE: Plot and Title Map

1 PARK VALE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 1 PARK VALE, 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 PARK VALE). 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 PARK VALE?

1 PARK VALE is located on HIGHTOWN ROAD in BANBURY, in the OX16 postcode district. The below map shows the position of 1 PARK VALE on HIGHTOWN ROAD.