14, LORD GRANDISON WAY, BANBURY, OX16 1EP - £495,000

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.

14 LORD GRANDISON WAY is a large detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £497,717. It was last sold for £495,000 in October 2024, which was around 13% below the average October 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

14 LORD GRANDISON WAY Sold Prices

Land registry data shows three sales for 14 LORD GRANDISON WAY 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. All of the three 14 LORD GRANDISON WAY 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
2024 4 OCT	£495,000	£565,944	13% below HPI
2015 11 DEC	£380,000	£449,487	15% below HPI
2003 29 AUG	£248,000	£281,392	12% below HPI

14 LORD GRANDISON WAY 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 14 LORD GRANDISON WAY sales between August 2003 and October 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 December 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 14 LORD GRANDISON WAY be worth now?

14 LORD GRANDISON WAY might now be worth an estimated £497,717.

This is based on house price inflation of 0.5%, between October 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 0.5% inflationary increase is applied to the most recent sale price for 14 LORD GRANDISON WAY of £495,000 on 4th October 2024. For the value to have increased from £495,000 to £497,717 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 14 LORD GRANDISON WAY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2024 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LORD GRANDISON WAY has not materially changed since October 2024.

How Large is 14 LORD GRANDISON WAY?

14 LORD GRANDISON WAY is 120m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 14 LORD GRANDISON WAY lies on this distribution: 62% of detached houses houses are smaller than 14 LORD GRANDISON WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Banbury.

14 LORD GRANDISON WAY: Plot and Title Map

14 LORD GRANDISON WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 14 LORD GRANDISON WAY, 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 14 LORD GRANDISON WAY). 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 14 LORD GRANDISON WAY?

14 LORD GRANDISON WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 14 on LORD GRANDISON WAY.