38, BANBURY ROAD, BICESTER, OX26 2HJ - £275,000

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

38 BANBURY ROAD is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £275,000 in August 2014, which was around 32% below the average August 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

38 BANBURY ROAD Sold Prices

Land registry data shows two sales for 38 BANBURY 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 38 BANBURY 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
2014 29 AUG	£275,000	£404,064	32% below HPI
2004 15 JUN	£189,950	£289,349	34% below HPI

38 BANBURY 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 38 BANBURY ROAD sales from June 2004 and August 2014 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 June 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 BANBURY ROAD?

38 BANBURY ROAD is 112m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 38 BANBURY ROAD lies on this distribution: 45% of detached houses are smaller than 38 BANBURY ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Bicester.

38 BANBURY ROAD: Plot and Title Map

38 BANBURY ROAD sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 38 BANBURY 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 38 BANBURY 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 38 BANBURY ROAD?

38 BANBURY ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 38 on BANBURY ROAD.