25, LAPSLEY DRIVE, BANBURY, OX16 1EL - £225,000

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.

25 LAPSLEY DRIVE is a very small semi-detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £350,528. It was last sold for £225,000 in November 2013, which was around 1% above the average November 2013 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

25 LAPSLEY DRIVE Sold Prices

Land registry data shows four sales for 25 LAPSLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the four 25 LAPSLEY DRIVE sales were for above 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
2013 29 NOV	£225,000	£223,485	1% above HPI
2006 14 NOV	£205,000	£202,805	1% above HPI
2006 25 AUG	£208,000	£201,938	3% above HPI
2004 25 JUN	£185,000	£175,367	5% above HPI

25 LAPSLEY DRIVE 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 four 25 LAPSLEY DRIVE sales between June 2004 and November 2013 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2013 sale, which was also at 1% above the HPI.

What might 25 LAPSLEY DRIVE be worth now?

25 LAPSLEY DRIVE might now be worth an estimated £350,528.

This is based on house price inflation of 55.8%, between November 2013 and February 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 55.8% inflationary increase is applied to the most recent sale price for 25 LAPSLEY DRIVE of £225,000 on 29th November 2013. For the value to have increased from £225,000 to £350,528 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 25 LAPSLEY DRIVE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The November 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 25 LAPSLEY DRIVE has not materially changed since November 2013.

How Large is 25 LAPSLEY DRIVE?

25 LAPSLEY DRIVE is 88m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 25 LAPSLEY DRIVE lies on this distribution: 19% of semi-detached houses houses are smaller than 25 LAPSLEY DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Banbury.

25 LAPSLEY DRIVE: Plot and Title Map

25 LAPSLEY DRIVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 25 LAPSLEY DRIVE, 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 25 LAPSLEY DRIVE). 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 25 LAPSLEY DRIVE?

25 LAPSLEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 25 on LAPSLEY DRIVE.