17, HOMESTEAD ROAD, BANBURY, OX16 9TW - £595,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 HOMESTEAD ROAD is a very large extended detached house of 192m², built sometime between 1967 and 1975. It was last sold for £595,000 in January 2022, which was around 13% above the average January 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

17 HOMESTEAD ROAD Sold Prices

Land registry data shows two sales for 17 HOMESTEAD ROAD 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 17 HOMESTEAD ROAD sales 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 11 JAN	£595,000	£526,907	13% above HPI
1995 28 APR	£99,000	£95,557	4% above HPI

17 HOMESTEAD ROAD 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 17 HOMESTEAD ROAD sales from April 1995 and January 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 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 17 HOMESTEAD ROAD?

17 HOMESTEAD ROAD is 192m², which includes three extensions, according to the EPC inspection conducted in September 2021. 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 17 HOMESTEAD ROAD lies on this distribution: 97% of detached houses are smaller than 17 HOMESTEAD ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Banbury.

17 HOMESTEAD ROAD: Plot and Title Map

17 HOMESTEAD ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 17 HOMESTEAD 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 17 HOMESTEAD 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.

Where is 17 HOMESTEAD ROAD?

17 HOMESTEAD ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 17 on HOMESTEAD ROAD.