103, HOBBY ROAD, BODICOTE, BANBURY, OX15 4GH - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

103 HOBBY ROAD is a large detached house of 131m², which could now be worth an estimated £528,665. It was last sold for £420,000 in June 2019, which was around 7% below the average June 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

103 HOBBY ROAD Sold Prices

Land registry data shows two sales for 103 HOBBY 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 103 HOBBY 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
2019 20 JUN	£420,000	£452,084	7% below HPI
2015 18 DEC	£379,450	£449,487	16% below HPI

103 HOBBY 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 103 HOBBY ROAD sales from December 2015 and June 2019 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 December 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 103 HOBBY ROAD be worth now?

103 HOBBY ROAD might now be worth an estimated £528,665.

This is based on house price inflation of 25.9%, between June 2019 and February 2025, 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 25.9% inflationary increase is applied to the most recent sale price for 103 HOBBY ROAD of £420,000 on 20th June 2019. For the value to have increased from £420,000 to £528,665 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 103 HOBBY ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 103 HOBBY ROAD has not materially changed since June 2019.

How Large is 103 HOBBY ROAD?

103 HOBBY ROAD is 131m² according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodicote, and where 103 HOBBY ROAD lies on this distribution: 66% of detached houses houses are smaller than 103 HOBBY ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

103 HOBBY ROAD: Plot and Title Map

103 HOBBY ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 103 HOBBY 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 103 HOBBY 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 103 HOBBY ROAD?

103 HOBBY ROAD is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 103 on HOBBY ROAD.