16, RILEY DRIVE, BANBURY, OX16 1BZ - £117,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 RILEY DRIVE is a very small extended semi-detached house of 76m², built sometime between 1967 and 1975. It was last sold for £117,000 in September 2001, which was around 44% below the average September 2001 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

16 RILEY DRIVE Sold Prices

Land registry data shows two sales for 16 RILEY 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 16 RILEY 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
2001 7 SEP	£117,000	£210,270	44% below HPI
1999 31 AUG	£93,000	£157,659	41% below HPI

16 RILEY 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 16 RILEY DRIVE sales from August 1999 and September 2001 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 August 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2001 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 16 RILEY DRIVE?

16 RILEY DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 16 RILEY DRIVE lies on this distribution: 9% of detached houses are smaller than 16 RILEY DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Banbury.

16 RILEY DRIVE: Plot and Title Map

16 RILEY DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 16 RILEY 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 16 RILEY 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 16 RILEY DRIVE?

16 RILEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 16 on RILEY DRIVE.