18, PRIORY VALE ROAD, BANBURY, OX16 4FR - £324,000

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 PRIORY VALE ROAD is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £324,000 in November 2022, which was around 44% below the average November 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

18 PRIORY VALE ROAD Sold Prices

Land registry data shows four sales for 18 PRIORY VALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 18 PRIORY VALE 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
2022 4 NOV	£324,000	£573,735	44% below HPI
2008 8 DEC	£175,000	£315,786	45% below HPI
2003 2 JUN	£165,000	£277,670	41% below HPI
2001 12 FEB	£116,000	£194,197	40% below HPI

18 PRIORY VALE 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 four 18 PRIORY VALE ROAD sales between February 2001 and November 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 December 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2022 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 18 PRIORY VALE ROAD?

18 PRIORY VALE ROAD is 76m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 18 PRIORY VALE ROAD lies on this distribution: 9% of detached houses are smaller than 18 PRIORY VALE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Banbury.

18 PRIORY VALE ROAD: Plot and Title Map

18 PRIORY VALE ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 18 PRIORY VALE 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 PRIORY VALE 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 PRIORY VALE ROAD?

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