23, MEWBURN ROAD, BANBURY, OX16 9PQ - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 MEWBURN ROAD is a very small semi-detached house of 66m², built sometime between 1950 and 1966. It was last sold for £175,000 in October 2023, which was around 68% below the average October 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

23 MEWBURN ROAD Sold Prices

Land registry data shows four sales for 23 MEWBURN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 23 MEWBURN 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 2 OCT	£175,000	£549,788	68% below HPI
2018 12 DEC	£242,000	£479,340	50% below HPI
2003 15 DEC	£163,000	£276,794	41% below HPI
2000 31 MAR	£95,500	£177,729	46% below HPI

23 MEWBURN 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 four 23 MEWBURN ROAD sales between March 2000 and October 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 December 2018 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2023 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is 23 MEWBURN ROAD?

23 MEWBURN ROAD is 66m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 23 MEWBURN ROAD lies on this distribution: 4% of detached houses are smaller than 23 MEWBURN ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Banbury.

23 MEWBURN ROAD: Plot and Title Map

23 MEWBURN ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 23 MEWBURN 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 23 MEWBURN 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 23 MEWBURN ROAD?

23 MEWBURN ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 23 on MEWBURN ROAD.