4, ELTON ROAD, BANBURY, OX16 9TJ - £315,000

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 ELTON ROAD is a very large extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £504,091. It was last sold for £315,000 in July 2013, which was around 11% below the average July 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

4 ELTON ROAD Sold Prices

Land registry data shows three sales for 4 ELTON 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 4 ELTON 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
2013 29 JUL	£315,000	£355,592	11% below HPI
2005 14 DEC	£250,000	£300,207	17% below HPI
2003 24 MAR	£244,000	£272,275	10% below HPI

4 ELTON 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 4 ELTON ROAD sales between March 2003 and July 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 December 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 ELTON ROAD be worth now?

4 ELTON ROAD might now be worth an estimated £504,091.

This is based on house price inflation of 60%, between July 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 60% inflationary increase is applied to the most recent sale price for 4 ELTON ROAD of £315,000 on 29th July 2013. For the value to have increased from £315,000 to £504,091 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 4 ELTON ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2013 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELTON ROAD has not materially changed since July 2013.

How Large is 4 ELTON ROAD?

4 ELTON ROAD is 153m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 20% 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 ELTON ROAD lies on this distribution: 88% of detached houses houses are smaller than 4 ELTON ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 ELTON ROAD: Plot and Title Map

4 ELTON ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 4 ELTON 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 4 ELTON 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 4 ELTON ROAD?

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