13, NEW ROAD, BANBURY, OX16 9PN - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 NEW ROAD is a very large detached house of 182m², which could now be worth an estimated £573,095. It was last sold for £550,000 in May 2024, which was around 1% above the average May 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

13 NEW ROAD Sold Prices

Land registry data shows three sales for 13 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. One of the three 13 NEW ROAD sales was for above the average price, whilst two 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
2024 31 MAY	£550,000	£546,118	1% above HPI
2004 12 MAR	£147,500	£275,808	47% below HPI
1998 9 JAN	£62,550	£128,290	51% below HPI

13 NEW 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 three 13 NEW ROAD sales between January 1998 and May 2024 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 March 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 13 NEW ROAD be worth now?

13 NEW ROAD might now be worth an estimated £573,095.

This is based on house price inflation of 4.2%, between May 2024 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% inflationary increase is applied to the most recent sale price for 13 NEW ROAD of £550,000 on 31st May 2024. For the value to have increased from £550,000 to £573,095 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 13 NEW ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2024 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 13 NEW ROAD has not materially changed since May 2024.

How Large is 13 NEW ROAD?

13 NEW ROAD is 182m² according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 13 NEW ROAD lies on this distribution: 96% of detached houses houses are smaller than 13 NEW ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Banbury.

13 NEW ROAD: Plot and Title Map

13 NEW ROAD sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 13 NEW 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 13 NEW 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 13 NEW ROAD?

13 NEW ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 13 on NEW ROAD.