37, LAPSLEY DRIVE, BANBURY, OX16 1EN - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

37 LAPSLEY DRIVE is a large extended detached house of 136m², built sometime between 2003 and 2006. It was last sold for £415,000 in October 2020, which was around 15% below the average October 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

37 LAPSLEY DRIVE Sold Prices

Land registry data shows three sales for 37 LAPSLEY DRIVE 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. Two of the three 37 LAPSLEY DRIVE sales were for below the average price, whilst one was for above 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
2020 22 OCT	£415,000	£486,317	15% below HPI
2013 6 DEC	£315,000	£375,311	16% below HPI
2005 30 JUN	£305,000	£302,799	1% above HPI

37 LAPSLEY DRIVE 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 37 LAPSLEY DRIVE sales between June 2005 and October 2020 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 37 LAPSLEY DRIVE?

37 LAPSLEY DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 37 LAPSLEY DRIVE lies on this distribution: 79% of detached houses are smaller than 37 LAPSLEY DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Banbury.

37 LAPSLEY DRIVE: Plot and Title Map

37 LAPSLEY DRIVE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 37 LAPSLEY DRIVE, 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 37 LAPSLEY DRIVE). 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 37 LAPSLEY DRIVE?

37 LAPSLEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 37 on LAPSLEY DRIVE.