2, LAMBOURNE WAY, ADDERBURY, BANBURY, OX17 3PN - £1,160,000

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

2 LAMBOURNE WAY is a very large detached house of 263m², built sometime between 1996 and 2002. It was last sold for £1,160,000 in December 2018, which was around 142% above the average December 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 LAMBOURNE WAY Sold Prices

Land registry data shows two sales for 2 LAMBOURNE WAY 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 LAMBOURNE WAY sales were for above 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
2018 20 DEC	£1,160,000	£479,340	142% above HPI
1997 9 DEC	£498,000	£129,295	285% above HPI

2 LAMBOURNE WAY 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 LAMBOURNE WAY sales from December 1997 and December 2018 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 1997 sale was for 285% above the HPI. So the extrapolation line tracks at 285% above the HPI over time, until the December 2018 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.

How Large is 2 LAMBOURNE WAY?

2 LAMBOURNE WAY is 263m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in Adderbury, based on EPC data. The below chart shows the distribution of detached houses by size in Adderbury, and where 2 LAMBOURNE WAY lies on this distribution: 91% of detached houses are smaller than 2 LAMBOURNE WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Adderbury.

2 LAMBOURNE WAY: Plot and Title Map

2 LAMBOURNE WAY sits on a plot of roughly 0.547 of an acre, or 2,216m². The below map shows the location of 2 LAMBOURNE WAY, 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 LAMBOURNE WAY). 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 LAMBOURNE WAY?

2 LAMBOURNE WAY is located in ADDERBURY, in the OX17 postcode district. The below map shows the position of No. 2 on LAMBOURNE WAY.