4, JERSEY DRIVE, BANBURY, OX16 1UH - £368,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 JERSEY DRIVE is a very large extended detached house of 149m², built sometime between 1967 and 1975, which could now be worth an estimated £444,450. It was last sold for £368,000 in August 2018, which was around 24% below the average August 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

4 JERSEY DRIVE Sold Prices

Land registry data shows three sales for 4 JERSEY 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. All of the three 4 JERSEY DRIVE 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
2018 31 AUG	£368,000	£484,155	24% below HPI
2015 30 JAN	£210,000	£404,508	48% below HPI
1996 27 NOV	£76,000	£101,940	25% below HPI

4 JERSEY 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 4 JERSEY DRIVE sales between November 1996 and August 2018 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 January 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 JERSEY DRIVE be worth now?

4 JERSEY DRIVE might now be worth an estimated £444,450.

This is based on house price inflation of 20.8%, between August 2018 and December 2024, 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 20.8% inflationary increase is applied to the most recent sale price for 4 JERSEY DRIVE of £368,000 on 31st August 2018. For the value to have increased from £368,000 to £444,450 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 JERSEY DRIVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2018 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 4 JERSEY DRIVE has not materially changed since August 2018.

How Large is 4 JERSEY DRIVE?

4 JERSEY DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 JERSEY DRIVE lies on this distribution: 86% of detached houses houses are smaller than 4 JERSEY DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 JERSEY DRIVE: Plot and Title Map

4 JERSEY DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 4 JERSEY 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 4 JERSEY 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 4 JERSEY DRIVE?

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