32, ELMSCOTE ROAD, BANBURY, OX16 9EQ - £315,000

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

32 ELMSCOTE ROAD is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £315,000 in March 2022, which was around 42% below the average March 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

32 ELMSCOTE ROAD Sold Prices

Land registry data shows two sales for 32 ELMSCOTE 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 32 ELMSCOTE 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
2022 9 MAR	£315,000	£541,642	42% below HPI
2013 13 DEC	£218,000	£375,311	42% below HPI

32 ELMSCOTE 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 32 ELMSCOTE ROAD sales from December 2013 and March 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 December 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2022 sale, which was also at 42% below the HPI.

How Large is 32 ELMSCOTE ROAD?

32 ELMSCOTE ROAD is 64m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 32 ELMSCOTE ROAD lies on this distribution: 3% of detached houses are smaller than 32 ELMSCOTE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Banbury.

32 ELMSCOTE ROAD: Plot and Title Map

32 ELMSCOTE ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 32 ELMSCOTE 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 32 ELMSCOTE 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 32 ELMSCOTE ROAD?

32 ELMSCOTE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 32 on ELMSCOTE ROAD.