11, OAKLAND ROAD, BANBURY, OX16 9DR - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 OAKLAND ROAD is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £350,000 in July 2018, which was around 28% below the average July 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

11 OAKLAND ROAD Sold Prices

Land registry data shows two sales for 11 OAKLAND 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 OAKLAND 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
2018 4 JUL	£350,000	£486,836	28% below HPI
2009 6 JUL	£173,000	£308,359	44% below HPI

11 OAKLAND 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 OAKLAND ROAD sales from July 2009 and July 2018 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 July 2009 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 11 OAKLAND ROAD?

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

11 OAKLAND ROAD: Plot and Title Map

11 OAKLAND ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 11 OAKLAND 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 OAKLAND 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 OAKLAND ROAD?

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