28, LORD GRANDISON WAY, BANBURY, OX16 1EP - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 LORD GRANDISON WAY is a very small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £320,000 in January 2023, which was around 44% below the average January 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

28 LORD GRANDISON WAY Sold Prices

Land registry data shows three sales for 28 LORD GRANDISON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 28 LORD GRANDISON WAY 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 6 JAN	£320,000	£569,255	44% below HPI
2005 25 NOV	£205,000	£304,120	33% below HPI
2003 24 OCT	£195,000	£273,986	29% below HPI

28 LORD GRANDISON WAY 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 three 28 LORD GRANDISON WAY sales between October 2003 and January 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 November 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 28 LORD GRANDISON WAY?

28 LORD GRANDISON WAY is 87m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 28 LORD GRANDISON WAY lies on this distribution: 18% of detached houses are smaller than 28 LORD GRANDISON WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Banbury.

28 LORD GRANDISON WAY: Plot and Title Map

28 LORD GRANDISON WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 28 LORD GRANDISON WAY, 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 28 LORD GRANDISON WAY). 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 28 LORD GRANDISON WAY?

28 LORD GRANDISON WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 28 on LORD GRANDISON WAY.