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 PRIORY VALE ROAD is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £365,000 in May 2022, which was around 31% below the average May 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 11 PRIORY VALE ROAD since 1st 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 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 |
---|---|---|---|
2022 27 MAY | £365,000 | £532,151 | 31% below HPI |
1996 10 JUL | £75,650 | £103,533 | 27% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 11 PRIORY VALE ROAD sales from July 1996 and May 2022 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 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
11 PRIORY VALE ROAD is 89m², which includes one extension, according to the EPC inspection conducted in January 2022. 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 11 PRIORY VALE ROAD lies on this distribution: 21% of detached houses are smaller than 11 PRIORY VALE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Banbury.
11 PRIORY VALE ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 11 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 11 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.
11 PRIORY VALE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 11 on PRIORY VALE ROAD.