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
162 OXFORD ROAD is a very large extended detached house of 167m², built sometime between 1996 and 2002. It was last sold for £520,000 in March 2022, which was around 4% below the average March 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 162 OXFORD ROAD since 1st 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. One of the three 162 OXFORD ROAD sales was for below the average price, whilst two were for above 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 |
---|---|---|---|
2022 29 MAR | £520,000 | £541,642 | 4% below HPI |
2002 30 APR | £288,000 | £227,050 | 27% above HPI |
1999 17 DEC | £224,950 | £166,609 | 35% above HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 162 OXFORD ROAD sales between December 1999 and March 2022 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 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
162 OXFORD ROAD is 167m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 162 OXFORD ROAD lies on this distribution: 92% of detached houses are smaller than 162 OXFORD ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Banbury.
162 OXFORD ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 162 OXFORD 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 162 OXFORD 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.
162 OXFORD ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 162 on OXFORD ROAD.