15, SYCAMORE DRIVE, BANBURY, OX16 9HF - £272,000

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.

15 SYCAMORE DRIVE is a very small detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £317,155. It was last sold for £272,000 in May 2021, which was around 44% below the average May 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

15 SYCAMORE DRIVE Sold Prices

Land registry data shows two sales for 15 SYCAMORE 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 15 SYCAMORE 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
2021 17 MAY	£272,000	£488,031	44% below HPI
2003 28 MAR	£148,000	£272,275	46% below HPI

15 SYCAMORE 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 15 SYCAMORE DRIVE sales from March 2003 and May 2021 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 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 15 SYCAMORE DRIVE be worth now?

15 SYCAMORE DRIVE might now be worth an estimated £317,155.

This is based on house price inflation of 16.6%, between May 2021 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 16.6% inflationary increase is applied to the most recent sale price for 15 SYCAMORE DRIVE of £272,000 on 17th May 2021. For the value to have increased from £272,000 to £317,155 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 15 SYCAMORE DRIVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2021 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SYCAMORE DRIVE has not materially changed since May 2021.

How Large is 15 SYCAMORE DRIVE?

15 SYCAMORE DRIVE is 55m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 15 SYCAMORE DRIVE lies on this distribution: 1% of detached houses houses are smaller than 15 SYCAMORE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

15 SYCAMORE DRIVE: Plot and Title Map

15 SYCAMORE DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 15 SYCAMORE 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 SYCAMORE 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 SYCAMORE DRIVE?

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