2, ASHCROFT ROAD, BANBURY, OX16 9DU - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ASHCROFT ROAD is a small extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £457,207. It was last sold for £265,000 in May 2011, which was around 20% below the average May 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

2 ASHCROFT ROAD Sold Prices

Land registry data shows two sales for 2 ASHCROFT 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 2 ASHCROFT 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
2011 5 MAY	£265,000	£329,825	20% below HPI
2010 17 JUN	£186,000	£342,891	46% below HPI

2 ASHCROFT 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 2 ASHCROFT ROAD sales from June 2010 and May 2011 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 June 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 ASHCROFT ROAD be worth now?

2 ASHCROFT ROAD might now be worth an estimated £457,207.

This is based on house price inflation of 72.5%, between May 2011 and February 2025, 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 72.5% inflationary increase is applied to the most recent sale price for 2 ASHCROFT ROAD of £265,000 on 5th May 2011. For the value to have increased from £265,000 to £457,207 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 ASHCROFT ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2011 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASHCROFT ROAD has not materially changed since May 2011.

How Large is 2 ASHCROFT ROAD?

2 ASHCROFT ROAD is 94m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% 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 2 ASHCROFT ROAD lies on this distribution: 28% of detached houses houses are smaller than 2 ASHCROFT ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 ASHCROFT ROAD: Plot and Title Map

2 ASHCROFT ROAD sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 2 ASHCROFT 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 2 ASHCROFT 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 2 ASHCROFT ROAD?

2 ASHCROFT ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 2 on ASHCROFT ROAD.