34, ELMSCOTE ROAD, BANBURY, OX16 9EQ - £335,000

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

34 ELMSCOTE ROAD is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £335,000 in October 2018, which was around 32% below the average October 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

34 ELMSCOTE ROAD Sold Prices

Land registry data shows three sales for 34 ELMSCOTE 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 34 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
2018 24 OCT	£335,000	£489,733	32% below HPI
2004 28 JUL	£242,000	£290,761	17% below HPI
2000 29 SEP	£102,000	£200,109	49% below HPI

34 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 three 34 ELMSCOTE ROAD sales between September 2000 and October 2018 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 34 ELMSCOTE ROAD?

34 ELMSCOTE ROAD is 97m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 34 ELMSCOTE ROAD lies on this distribution: 32% of detached houses are smaller than 34 ELMSCOTE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Banbury.

34 ELMSCOTE ROAD: Plot and Title Map

34 ELMSCOTE ROAD sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 34 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 34 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 34 ELMSCOTE ROAD?

34 ELMSCOTE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 34 on ELMSCOTE ROAD.