12, PRINCETHORPE DRIVE, BANBURY, OX16 4FS - £385,000

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

12 PRINCETHORPE DRIVE is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £385,000 in January 2023, which was around 32% below the average January 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

12 PRINCETHORPE DRIVE Sold Prices

Land registry data shows two sales for 12 PRINCETHORPE DRIVE 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 12 PRINCETHORPE 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
2023 19 JAN	£385,000	£569,255	32% below HPI
1997 14 NOV	£92,000	£130,045	29% below HPI

12 PRINCETHORPE 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 two 12 PRINCETHORPE DRIVE sales from November 1997 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 November 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 PRINCETHORPE DRIVE?

12 PRINCETHORPE DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in June 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 12 PRINCETHORPE DRIVE lies on this distribution: 22% of detached houses are smaller than 12 PRINCETHORPE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Banbury.

12 PRINCETHORPE DRIVE: Plot and Title Map

12 PRINCETHORPE DRIVE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 12 PRINCETHORPE 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 PRINCETHORPE 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 PRINCETHORPE DRIVE?

12 PRINCETHORPE DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 12 on PRINCETHORPE DRIVE.