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 GRIMSBURY SQUARE is a small detached house of 102m², built sometime between 1950 and 1966. It was last sold for £265,000 in March 2023, which was around 54% below the average March 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 32 GRIMSBURY SQUARE since 1st 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 32 GRIMSBURY SQUARE 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 31 MAR | £265,000 | £576,698 | 54% below HPI |
1998 6 JUL | £59,900 | £141,819 | 58% below HPI |
1995 25 JAN | £47,000 | £93,342 | 50% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 32 GRIMSBURY SQUARE sales between January 1995 and March 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 July 1998 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the March 2023 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.
32 GRIMSBURY SQUARE is 102m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 32 GRIMSBURY SQUARE lies on this distribution: 38% of detached houses are smaller than 32 GRIMSBURY SQUARE, and 62% of houses are larger. Note that EPC data is not available for all properties in Banbury.
32 GRIMSBURY SQUARE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 32 GRIMSBURY SQUARE, 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 GRIMSBURY SQUARE). 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.
32 GRIMSBURY SQUARE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 32 on GRIMSBURY SQUARE.