15, PRINCETHORPE DRIVE, BANBURY, OX16 4FN - £298,000

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

15 PRINCETHORPE DRIVE is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £298,000 in September 2020, which was around 39% below the average September 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

15 PRINCETHORPE DRIVE Sold Prices

Land registry data shows three sales for 15 PRINCETHORPE DRIVE 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 15 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
2020 9 SEP	£298,000	£485,460	39% below HPI
2018 3 APR	£295,000	£494,578	40% below HPI
2003 23 MAY	£192,500	£275,254	30% below HPI

15 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 three 15 PRINCETHORPE DRIVE sales between May 2003 and September 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 April 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 15 PRINCETHORPE DRIVE?

15 PRINCETHORPE DRIVE is 78m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 15 PRINCETHORPE DRIVE lies on this distribution: 10% of detached houses are smaller than 15 PRINCETHORPE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Banbury.

15 PRINCETHORPE DRIVE: Plot and Title Map

15 PRINCETHORPE DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 15 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 15 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 15 PRINCETHORPE DRIVE?

15 PRINCETHORPE DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 15 on PRINCETHORPE DRIVE.