3, BANNISTER DRIVE, BANBURY, OX16 1GQ - £520,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 BANNISTER DRIVE is a very large detached house of 165m². It was last sold for £520,000 in October 2022, which was around 10% below the average October 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

3 BANNISTER DRIVE Sold Prices

Land registry data shows two sales for 3 BANNISTER DRIVE 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. One of the two 3 BANNISTER DRIVE sales was for below the average price, whilst the other was 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
2022 5 OCT	£520,000	£575,876	10% below HPI
2019 4 OCT	£474,995	£461,470	3% above HPI

3 BANNISTER DRIVE 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 3 BANNISTER DRIVE sales from October 2019 and October 2022 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 October 2019 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 BANNISTER DRIVE?

3 BANNISTER DRIVE is 165m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 3 BANNISTER DRIVE lies on this distribution: 92% of detached houses are smaller than 3 BANNISTER DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 BANNISTER DRIVE: Plot and Title Map

3 BANNISTER DRIVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 3 BANNISTER 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 3 BANNISTER 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 3 BANNISTER DRIVE?

3 BANNISTER DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 3 on BANNISTER DRIVE.