1, PRIORY VALE ROAD, BANBURY, OX16 4FR - £209,000

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 PRIORY VALE ROAD is a very small detached house of 47m², built sometime between 1983 and 1990. It was last sold for £209,000 in August 2012, which was around 40% below the average August 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

1 PRIORY VALE ROAD Sold Prices

Land registry data shows three sales for 1 PRIORY VALE ROAD 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 PRIORY VALE 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
2012 1 AUG	£209,000	£349,654	40% below HPI
2009 9 OCT	£185,000	£324,335	43% below HPI
2005 7 OCT	£190,000	£302,700	37% below HPI

1 PRIORY VALE 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 three 1 PRIORY VALE ROAD sales between October 2005 and August 2012 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 October 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2012 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 PRIORY VALE ROAD?

1 PRIORY VALE ROAD is 47m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 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 PRIORY VALE ROAD lies on this distribution: 1% of detached houses are smaller than 1 PRIORY VALE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 PRIORY VALE ROAD: Plot and Title Map

1 PRIORY VALE ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 1 PRIORY VALE 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 PRIORY VALE 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 PRIORY VALE ROAD?

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