19, THE MAGNOLIAS, BANBURY, OX16 1XF - £285,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

19 THE MAGNOLIAS is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £285,500 in August 2022, which was around 49% below the average August 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

19 THE MAGNOLIAS Sold Prices

Land registry data shows five sales for 19 THE MAGNOLIAS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 19 THE MAGNOLIAS 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 12 AUG	£285,500	£563,140	49% below HPI
2015 29 OCT	£185,000	£448,047	59% below HPI
2005 22 DEC	£144,000	£304,632	53% below HPI
2004 29 OCT	£149,950	£307,792	51% below HPI
2001 4 MAY	£83,000	£204,799	59% below HPI

19 THE MAGNOLIAS 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 five 19 THE MAGNOLIAS sales between May 2001 and August 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 October 2015 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 19 THE MAGNOLIAS?

19 THE MAGNOLIAS is 72m², which includes one extension, according to the EPC inspection conducted in March 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 19 THE MAGNOLIAS lies on this distribution: 7% of detached houses are smaller than 19 THE MAGNOLIAS, and 93% of houses are larger. Note that EPC data is not available for all properties in Banbury.

19 THE MAGNOLIAS: Plot and Title Map

19 THE MAGNOLIAS sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 19 THE MAGNOLIAS, 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 19 THE MAGNOLIAS). 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 19 THE MAGNOLIAS?

19 THE MAGNOLIAS is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 19 on THE MAGNOLIAS.