21, OAKLAND ROAD, BANBURY, OX16 9DR - £271,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 OAKLAND ROAD is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £346,343. It was last sold for £271,000 in March 2016, which was around 1% below the average March 2016 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

21 OAKLAND ROAD Sold Prices

Land registry data shows two sales for 21 OAKLAND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 21 OAKLAND 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
2016 10 MAR	£271,000	£275,072	1% below HPI
2015 27 NOV	£190,000	£268,688	29% below HPI

21 OAKLAND ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 21 OAKLAND ROAD sales from November 2015 and March 2016 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 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 21 OAKLAND ROAD be worth now?

21 OAKLAND ROAD might now be worth an estimated £346,343.

This is based on house price inflation of 27.8%, between March 2016 and March 2025, for semi-detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 21 OAKLAND ROAD of £271,000 on 10th March 2016. For the value to have increased from £271,000 to £346,343 over the nine years to March 2025, the following assumptions must hold true:

• The value of 21 OAKLAND ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The March 2016 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 21 OAKLAND ROAD has not materially changed since March 2016.

How Large is 21 OAKLAND ROAD?

21 OAKLAND ROAD is 55m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 21 OAKLAND ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 21 OAKLAND ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

21 OAKLAND ROAD: Plot and Title Map

21 OAKLAND ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 21 OAKLAND 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 21 OAKLAND 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 21 OAKLAND ROAD?

21 OAKLAND ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 21 on OAKLAND ROAD.