4, ALVIS GATE, BANBURY, OX16 1BE - £317,500

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

4 ALVIS GATE is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £317,500 in February 2021, which was around 35% below the average February 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

4 ALVIS GATE Sold Prices

Land registry data shows three sales for 4 ALVIS GATE 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 4 ALVIS GATE 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
2021 3 FEB	£317,500	£491,489	35% below HPI
2004 25 JUN	£214,000	£289,349	26% below HPI
1995 10 MAR	£85,000	£94,954	10% below HPI

4 ALVIS GATE 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 4 ALVIS GATE sales between March 1995 and February 2021 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 ALVIS GATE?

4 ALVIS GATE is 108m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 4 ALVIS GATE lies on this distribution: 44% of detached houses are smaller than 4 ALVIS GATE, and 54% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 ALVIS GATE: Plot and Title Map

4 ALVIS GATE sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 4 ALVIS GATE, 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 4 ALVIS GATE). 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 4 ALVIS GATE?

4 ALVIS GATE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 4 on ALVIS GATE.