2, PRIORY VALE ROAD, BANBURY, OX16 4FR - £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 PRIORY VALE ROAD is a very large extended detached house of 146m², built sometime between 1983 and 1990. It was last sold for £505,000 in May 2023, which was around 11% below the average May 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2 PRIORY VALE ROAD Sold Prices

Land registry data shows two sales for 2 PRIORY VALE 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 PRIORY VALE 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
2023 4 MAY	£505,000	£565,333	11% below HPI
2015 7 AUG	£360,000	£443,249	19% below HPI

2 PRIORY VALE 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 PRIORY VALE ROAD sales from August 2015 and May 2023 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 August 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 PRIORY VALE ROAD?

2 PRIORY VALE ROAD is 146m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% 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 PRIORY VALE ROAD lies on this distribution: 85% of detached houses are smaller than 2 PRIORY VALE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 PRIORY VALE ROAD: Plot and Title Map

2 PRIORY VALE ROAD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 2 PRIORY VALE 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 PRIORY VALE 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 PRIORY VALE ROAD?

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