11, MEWBURN ROAD, BANBURY, OX16 9PQ - £323,000

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

11 MEWBURN ROAD is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £323,000 in January 2023, which was around 43% below the average January 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

11 MEWBURN ROAD Sold Prices

Land registry data shows two sales for 11 MEWBURN 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 11 MEWBURN 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
2023 13 JAN	£323,000	£569,255	43% below HPI
2015 27 OCT	£240,000	£448,047	46% below HPI

11 MEWBURN 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 11 MEWBURN ROAD sales from October 2015 and January 2023 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 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 11 MEWBURN ROAD?

11 MEWBURN ROAD is 73m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 11 MEWBURN ROAD lies on this distribution: 7% of detached houses are smaller than 11 MEWBURN ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Banbury.

11 MEWBURN ROAD: Plot and Title Map

11 MEWBURN ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 11 MEWBURN 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 11 MEWBURN 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 11 MEWBURN ROAD?

11 MEWBURN ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 11 on MEWBURN ROAD.