2, STATION ROAD, CROPREDY, BANBURY, OX17 1PP - £490,000

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 STATION ROAD is a small extended detached house of 128m², built sometime before 1900. It was last sold for £490,000 in September 2022, which was around 14% below the average September 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was D.

2 STATION ROAD Sold Prices

Land registry data shows two sales for 2 STATION 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 STATION 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
2022 30 SEP	£490,000	£572,645	14% below HPI
1995 24 NOV	£90,000	£97,408	8% below HPI

2 STATION 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 STATION ROAD sales from November 1995 and September 2022 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 November 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 STATION ROAD?

2 STATION ROAD is 128m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Cropredy, based on EPC data. The below chart shows the distribution of detached houses by size in Cropredy, and where 2 STATION ROAD lies on this distribution: 34% of detached houses are smaller than 2 STATION ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Cropredy.

2 STATION ROAD: Plot and Title Map

2 STATION ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 STATION 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 STATION 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 STATION ROAD?

2 STATION ROAD is located in CROPREDY, in the OX17 postcode district. The below map shows the position of No. 2 on STATION ROAD.