2, MAYFIELD ROAD, BANBURY, OX16 9DW - £362,500

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 MAYFIELD ROAD is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £362,500 in September 2018, which was around 27% below the average September 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

2 MAYFIELD ROAD Sold Prices

Land registry data shows two sales for 2 MAYFIELD 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 MAYFIELD 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
2018 28 SEP	£362,500	£493,534	27% below HPI
2001 1 OCT	£135,000	£209,573	36% below HPI

2 MAYFIELD 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 MAYFIELD ROAD sales from October 2001 and September 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 October 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 MAYFIELD ROAD?

2 MAYFIELD ROAD is 101m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% 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 MAYFIELD ROAD lies on this distribution: 37% of detached houses are smaller than 2 MAYFIELD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 MAYFIELD ROAD: Plot and Title Map

2 MAYFIELD ROAD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 2 MAYFIELD 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 MAYFIELD 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 MAYFIELD ROAD?

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