10, MELROSE COURT, BANBURY, OX16 1AE - £195,000

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

10 MELROSE COURT is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £195,000 in January 2012, which was around 43% below the average January 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

10 MELROSE COURT Sold Prices

Land registry data shows three sales for 10 MELROSE COURT 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 10 MELROSE COURT 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 6 JAN	£195,000	£343,902	43% below HPI
2004 25 OCT	£203,000	£307,792	34% below HPI
2002 27 SEP	£164,500	£247,947	34% below HPI

10 MELROSE COURT 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 10 MELROSE COURT sales between September 2002 and January 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 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2012 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 10 MELROSE COURT?

10 MELROSE COURT is 93m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 10 MELROSE COURT lies on this distribution: 27% of detached houses are smaller than 10 MELROSE COURT, and 72% of houses are larger. Note that EPC data is not available for all properties in Banbury.

10 MELROSE COURT: Plot and Title Map

10 MELROSE COURT sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 10 MELROSE COURT, 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 10 MELROSE COURT). 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 10 MELROSE COURT?

10 MELROSE COURT is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 10 on MELROSE COURT.