31, ELTON ROAD, BANBURY, OX16 9TN - £517,000

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

31 ELTON ROAD is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £517,000 in November 2023, which was around 6% below the average November 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

31 ELTON ROAD Sold Prices

Land registry data shows three sales for 31 ELTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 31 ELTON 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
2023 8 NOV	£517,000	£551,461	6% below HPI
2001 10 OCT	£199,950	£209,573	5% below HPI
1996 2 SEP	£89,000	£108,424	18% below HPI

31 ELTON 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 three 31 ELTON ROAD sales between September 1996 and November 2023 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 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 31 ELTON ROAD?

31 ELTON ROAD is 114m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 31 ELTON ROAD lies on this distribution: 53% of detached houses are smaller than 31 ELTON ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Banbury.

31 ELTON ROAD: Plot and Title Map

31 ELTON ROAD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 31 ELTON 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 31 ELTON 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 31 ELTON ROAD?

31 ELTON ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 31 on ELTON ROAD.