3, LABURNUM GROVE, BANBURY, OX16 9DP - £275,000

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 LABURNUM GROVE is a large extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £275,000 in June 2013, which was around 24% below the average June 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

3 LABURNUM GROVE Sold Prices

Land registry data shows two sales for 3 LABURNUM GROVE 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 3 LABURNUM GROVE 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
2013 28 JUN	£275,000	£359,586	24% below HPI
1997 27 JUN	£103,950	£112,689	8% below HPI

3 LABURNUM GROVE 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 LABURNUM GROVE sales from June 1997 and June 2013 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 June 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2013 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 LABURNUM GROVE?

3 LABURNUM GROVE is 121m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 40% 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 LABURNUM GROVE lies on this distribution: 63% of detached houses are smaller than 3 LABURNUM GROVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 LABURNUM GROVE: Plot and Title Map

3 LABURNUM GROVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 LABURNUM GROVE, 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 LABURNUM GROVE). 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 LABURNUM GROVE?

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