4, DORCHESTER GROVE, BANBURY, OX16 0BD - £234,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 DORCHESTER GROVE is a small detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £384,233. It was last sold for £234,000 in February 2013, which was around 32% below the average February 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

4 DORCHESTER GROVE Sold Prices

Land registry data shows three sales for 4 DORCHESTER GROVE 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 DORCHESTER GROVE 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
2013 4 FEB	£234,000	£346,555	32% below HPI
2009 20 MAR	£235,000	£289,965	19% below HPI
2006 10 JUL	£230,000	£314,802	27% below HPI

4 DORCHESTER GROVE 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 DORCHESTER GROVE sales between July 2006 and February 2013 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 March 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 4 DORCHESTER GROVE be worth now?

4 DORCHESTER GROVE might now be worth an estimated £384,233.

This is based on house price inflation of 64.2%, between February 2013 and February 2025, 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 64.2% inflationary increase is applied to the most recent sale price for 4 DORCHESTER GROVE of £234,000 on 4th February 2013. For the value to have increased from £234,000 to £384,233 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 4 DORCHESTER GROVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2013 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DORCHESTER GROVE has not materially changed since February 2013.

How Large is 4 DORCHESTER GROVE?

4 DORCHESTER GROVE is 98m² according to the EPC inspection conducted in October 2012. 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 4 DORCHESTER GROVE lies on this distribution: 33% of detached houses houses are smaller than 4 DORCHESTER GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 DORCHESTER GROVE: Plot and Title Map

4 DORCHESTER GROVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 4 DORCHESTER GROVE, 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 DORCHESTER GROVE). 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 DORCHESTER GROVE?

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