18, GILLETT ROAD, BANBURY, OX16 0DP - £138,000

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 GILLETT ROAD is a very large detached house of 186m², built sometime between 1950 and 1966. It was last sold for £138,000 in February 2005, which was around 53% below the average February 2005 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

18 GILLETT ROAD Sold Prices

Land registry data shows two sales for 18 GILLETT 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 18 GILLETT 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
2005 14 FEB	£138,000	£290,612	53% below HPI
2002 21 OCT	£115,000	£253,601	55% below HPI

18 GILLETT 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 18 GILLETT ROAD sales from October 2002 and February 2005 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 October 2002 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2005 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 18 GILLETT ROAD?

18 GILLETT ROAD is 186m² according to the EPC inspection conducted in November 2015. 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 18 GILLETT ROAD lies on this distribution: 96% of detached houses are smaller than 18 GILLETT ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Banbury.

18 GILLETT ROAD: Plot and Title Map

18 GILLETT ROAD sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 18 GILLETT 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 GILLETT 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 GILLETT ROAD?

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