186, ALMA ROAD, BANBURY, OX16 4TE - £259,000

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

186 ALMA ROAD is a small extended detached house of 93m², built sometime between 2003 and 2006. It was last sold for £259,000 in April 2021, which was around 47% below the average April 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

186 ALMA ROAD Sold Prices

Land registry data shows two sales for 186 ALMA 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 186 ALMA 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
2021 20 APR	£259,000	£488,313	47% below HPI
2007 31 MAY	£211,720	£335,088	37% below HPI

186 ALMA 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 186 ALMA ROAD sales from May 2007 and April 2021 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 May 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 186 ALMA ROAD?

186 ALMA ROAD is 93m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 186 ALMA ROAD lies on this distribution: 27% of detached houses are smaller than 186 ALMA ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Banbury.

186 ALMA ROAD: Plot and Title Map

186 ALMA ROAD sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 186 ALMA 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 186 ALMA 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 186 ALMA ROAD?

186 ALMA ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 186 on ALMA ROAD.