2, GABLES COURT, OXFORD ROAD, BANBURY, OX16 9AN - £505,000

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

2 GABLES COURT is a very large detached house of 248m², built sometime between 1996 and 2002. It was last sold for £505,000 in December 2014, which was around 23% above the average December 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

2 GABLES COURT Sold Prices

Land registry data shows two sales for 2 GABLES COURT 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. One of the two 2 GABLES COURT sales was for above the average price, whilst the other was 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
2014 11 DEC	£505,000	£411,229	23% above HPI
1995 11 SEP	£60,000	£98,206	39% below HPI

2 GABLES COURT 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 GABLES COURT sales from September 1995 and December 2014 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 September 1995 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2014 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 GABLES COURT?

2 GABLES COURT is 248m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 2 GABLES COURT lies on this distribution: 99% of detached houses are smaller than 2 GABLES COURT, and 1% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 GABLES COURT: Plot and Title Map

2 GABLES COURT sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 2 GABLES COURT, 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 GABLES COURT). 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 GABLES COURT?

2 GABLES COURT is located on OXFORD ROAD in BANBURY, in the OX16 postcode district. The below map shows the position of 2 GABLES COURT on OXFORD ROAD.