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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 PRIORY VALE ROAD is a very small extended detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £335,080. It was last sold for £324,000 in November 2022, which was around 43% 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	£565,400	43% below HPI
2008 8 DEC	£175,000	£311,198	44% below HPI
2003 2 JUN	£165,000	£273,637	40% below HPI
2001 12 FEB	£116,000	£191,376	39% 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 18 PRIORY VALE ROAD be worth now?

18 PRIORY VALE ROAD might now be worth an estimated £335,080.

This is based on house price inflation of 3.4%, between November 2022 and December 2024, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% inflationary increase is applied to the most recent sale price for 18 PRIORY VALE ROAD of £324,000 on 4th November 2022. For the value to have increased from £324,000 to £335,080 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 18 PRIORY VALE ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2022 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PRIORY VALE ROAD has not materially changed since November 2022.

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 houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 18 PRIORY VALE ROAD lies on this distribution: 9% of detached houses 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.