13, OAKLAND ROAD, BANBURY, OX16 9DR - £247,000

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 OAKLAND ROAD is a very small semi-detached house of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £306,331. It was last sold for £247,000 in May 2020, which was around 13% below the average May 2020 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

13 OAKLAND ROAD Sold Prices

Land registry data shows two sales for 13 OAKLAND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 13 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
2020 22 MAY	£247,000	£283,458	13% below HPI
2012 14 SEP	£160,000	£211,749	24% below HPI

13 OAKLAND ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 13 OAKLAND ROAD sales from September 2012 and May 2020 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 13 OAKLAND ROAD be worth now?

13 OAKLAND ROAD might now be worth an estimated £306,331.

This is based on house price inflation of 24%, between May 2020 and March 2025, for semi-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 24% inflationary increase is applied to the most recent sale price for 13 OAKLAND ROAD of £247,000 on 22nd May 2020. For the value to have increased from £247,000 to £306,331 over the five years and two months to March 2025, the following assumptions must hold true:

• The value of 13 OAKLAND ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The May 2020 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 13 OAKLAND ROAD has not materially changed since May 2020.

How Large is 13 OAKLAND ROAD?

13 OAKLAND ROAD is 54m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 13 OAKLAND ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 13 OAKLAND ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

13 OAKLAND ROAD: Plot and Title Map

13 OAKLAND ROAD sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 13 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 13 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 13 OAKLAND ROAD?

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