29, ELMSCOTE ROAD, BANBURY, OX16 9EQ - £282,500

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.

29 ELMSCOTE ROAD is a very small extended semi-detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £333,726. It was last sold for £282,500 in February 2021, which was around 4% below the average February 2021 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

29 ELMSCOTE ROAD Sold Prices

Land registry data shows two sales for 29 ELMSCOTE 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. One of the two 29 ELMSCOTE ROAD sales was for below the average price, whilst the other was roughly equal to 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
2021 2 FEB	£282,500	£294,725	4% below HPI
2002 5 JUL	£135,000	£135,453	Close to HPI

29 ELMSCOTE 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 29 ELMSCOTE ROAD sales from July 2002 and February 2021 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 July 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 29 ELMSCOTE ROAD be worth now?

29 ELMSCOTE ROAD might now be worth an estimated £333,726.

This is based on house price inflation of 18.1%, between February 2021 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 18.1% inflationary increase is applied to the most recent sale price for 29 ELMSCOTE ROAD of £282,500 on 2nd February 2021. For the value to have increased from £282,500 to £333,726 over the four years to February 2025, the following assumptions must hold true:

• The value of 29 ELMSCOTE ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The February 2021 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 29 ELMSCOTE ROAD has not materially changed since February 2021.

How Large is 29 ELMSCOTE ROAD?

29 ELMSCOTE ROAD is 87m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 29 ELMSCOTE ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 29 ELMSCOTE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Banbury.

29 ELMSCOTE ROAD: Plot and Title Map

29 ELMSCOTE ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 29 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 29 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 29 ELMSCOTE ROAD?

29 ELMSCOTE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 29 on ELMSCOTE ROAD.