26, ELMSCOTE ROAD, BANBURY, OX16 9EQ - £230,000

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.

26 ELMSCOTE ROAD is a very small extended detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £301,453. It was last sold for £230,000 in July 2015, which was around 47% below the average July 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

26 ELMSCOTE ROAD Sold Prices

Land registry data shows two sales for 26 ELMSCOTE 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 26 ELMSCOTE 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
2015 16 JUL	£230,000	£434,169	47% below HPI
2010 4 AUG	£173,000	£342,834	50% below HPI

26 ELMSCOTE 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 26 ELMSCOTE ROAD sales from August 2010 and July 2015 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 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2015 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 26 ELMSCOTE ROAD be worth now?

26 ELMSCOTE ROAD might now be worth an estimated £301,453.

This is based on house price inflation of 31.1%, between July 2015 and February 2025, for 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 31.1% inflationary increase is applied to the most recent sale price for 26 ELMSCOTE ROAD of £230,000 on 16th July 2015. For the value to have increased from £230,000 to £301,453 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 26 ELMSCOTE ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 26 ELMSCOTE ROAD has not materially changed since July 2015.

How Large is 26 ELMSCOTE ROAD?

26 ELMSCOTE ROAD is 58m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 26 ELMSCOTE ROAD lies on this distribution: 2% of detached houses houses are smaller than 26 ELMSCOTE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Banbury.

26 ELMSCOTE ROAD: Plot and Title Map

26 ELMSCOTE ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 26 ELMSCOTE 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 26 ELMSCOTE 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 26 ELMSCOTE ROAD?

26 ELMSCOTE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 26 on ELMSCOTE ROAD.