12, ELLISON DRIVE, BANBURY, OX17 1GH - £385,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 ELLISON DRIVE is a large semi-detached house of 120m², built sometime between 1996 and 2002. It was last sold for £385,000 in April 2019, which was around 18% below the average April 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

12 ELLISON DRIVE Sold Prices

Land registry data shows four sales for 12 ELLISON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 12 ELLISON DRIVE 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 26 APR	£385,000	£467,908	18% below HPI
2014 23 SEP	£335,000	£412,499	19% below HPI
2008 30 MAY	£280,000	£353,064	21% below HPI
2001 24 AUG	£192,000	£208,652	8% below HPI

12 ELLISON DRIVE 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 four 12 ELLISON DRIVE sales between August 2001 and April 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 September 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 ELLISON DRIVE?

12 ELLISON DRIVE is 120m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 12 ELLISON DRIVE lies on this distribution: 62% of detached houses are smaller than 12 ELLISON DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Banbury.

12 ELLISON DRIVE: Plot and Title Map

12 ELLISON DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 ELLISON DRIVE, 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 12 ELLISON DRIVE). 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 12 ELLISON DRIVE?

12 ELLISON DRIVE is located in BANBURY, in the OX17 postcode district. The below map shows the position of No. 12 on ELLISON DRIVE.