18, ELMSCOTE ROAD, BANBURY, OX16 9EQ - £257,000

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

18 ELMSCOTE ROAD is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £257,000 in March 2019, which was around 46% below the average March 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

18 ELMSCOTE ROAD Sold Prices

Land registry data shows three sales for 18 ELMSCOTE ROAD 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 18 ELMSCOTE ROAD 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
2019 21 MAR	£257,000	£473,030	46% below HPI
2012 18 DEC	£233,000	£349,503	33% below HPI
2009 18 DEC	£210,000	£324,405	35% below HPI

18 ELMSCOTE 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 three 18 ELMSCOTE ROAD sales between December 2009 and March 2019 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 December 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 18 ELMSCOTE ROAD?

18 ELMSCOTE ROAD is 97m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 18 ELMSCOTE ROAD lies on this distribution: 32% of detached houses are smaller than 18 ELMSCOTE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Banbury.

18 ELMSCOTE ROAD: Plot and Title Map

18 ELMSCOTE ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 18 ELMSCOTE 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 18 ELMSCOTE 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 18 ELMSCOTE ROAD?

18 ELMSCOTE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 18 on ELMSCOTE ROAD.