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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 ELMSCOTE ROAD is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £405,882. It was last sold for £335,000 in October 2018, which was around 31% 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	£482,619	31% below HPI
2004 28 JUL	£242,000	£286,538	16% below HPI
2000 29 SEP	£102,000	£197,202	48% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 34 ELMSCOTE ROAD be worth now?

34 ELMSCOTE ROAD might now be worth an estimated £405,882.

This is based on house price inflation of 21.2%, between October 2018 and December 2024, 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 21.2% inflationary increase is applied to the most recent sale price for 34 ELMSCOTE ROAD of £335,000 on 24th October 2018. For the value to have increased from £335,000 to £405,882 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 34 ELMSCOTE ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 34 ELMSCOTE ROAD has not materially changed since October 2018.

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 houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 34 ELMSCOTE ROAD lies on this distribution: 31% of detached houses 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.