29, MOLYNEUX DRIVE, BODICOTE, BANBURY, OX15 4AW - £255,000

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.

29 MOLYNEUX DRIVE is a very small semi-detached house of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £298,301. It was last sold for £255,000 in May 2021, which was around 14% below the average May 2021 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

29 MOLYNEUX DRIVE Sold Prices

Land registry data shows two sales for 29 MOLYNEUX DRIVE 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. Both of the two 29 MOLYNEUX DRIVE 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
2021 28 MAY	£255,000	£297,628	14% below HPI
2014 1 APR	£182,000	£230,236	21% below HPI

29 MOLYNEUX 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 two 29 MOLYNEUX DRIVE sales from April 2014 and May 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 April 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 29 MOLYNEUX DRIVE be worth now?

29 MOLYNEUX DRIVE might now be worth an estimated £298,301.

This is based on house price inflation of 17%, between May 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 17% inflationary increase is applied to the most recent sale price for 29 MOLYNEUX DRIVE of £255,000 on 28th May 2021. For the value to have increased from £255,000 to £298,301 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 29 MOLYNEUX DRIVE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The May 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MOLYNEUX DRIVE has not materially changed since May 2021.

How Large is 29 MOLYNEUX DRIVE?

29 MOLYNEUX DRIVE is 52m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of semi-detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bodicote, and where 29 MOLYNEUX DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 29 MOLYNEUX DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

29 MOLYNEUX DRIVE: Plot and Title Map

29 MOLYNEUX DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 29 MOLYNEUX 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 29 MOLYNEUX 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 29 MOLYNEUX DRIVE?

29 MOLYNEUX DRIVE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 29 on MOLYNEUX DRIVE.