3, PRIORY VALE ROAD, BANBURY, OX16 4FR - £282,000

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.

3 PRIORY VALE ROAD is a very small extended detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £340,385. It was last sold for £282,000 in August 2017, which was around 40% below the average August 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

3 PRIORY VALE ROAD Sold Prices

Land registry data shows two sales for 3 PRIORY VALE ROAD 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 PRIORY VALE ROAD 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
2017 10 AUG	£282,000	£471,443	40% below HPI
2000 6 JAN	£114,500	£169,026	32% below HPI

3 PRIORY VALE ROAD 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 PRIORY VALE ROAD sales from January 2000 and August 2017 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 January 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 3 PRIORY VALE ROAD be worth now?

3 PRIORY VALE ROAD might now be worth an estimated £340,385.

This is based on house price inflation of 20.7%, between August 2017 and February 2025, for 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 20.7% inflationary increase is applied to the most recent sale price for 3 PRIORY VALE ROAD of £282,000 on 10th August 2017. For the value to have increased from £282,000 to £340,385 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 3 PRIORY VALE ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2017 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRIORY VALE ROAD has not materially changed since August 2017.

How Large is 3 PRIORY VALE ROAD?

3 PRIORY VALE ROAD is 85m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 3 PRIORY VALE ROAD lies on this distribution: 16% of detached houses houses are smaller than 3 PRIORY VALE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 PRIORY VALE ROAD: Plot and Title Map

3 PRIORY VALE ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 3 PRIORY VALE 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 3 PRIORY VALE 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 3 PRIORY VALE ROAD?

3 PRIORY VALE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 3 on PRIORY VALE ROAD.