4, RAVENSMEAD, BANBURY, OX16 9RA - £237,000

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 RAVENSMEAD is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £237,000 in May 2013, which was around 34% below the average May 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

4 RAVENSMEAD Sold Prices

Land registry data shows three sales for 4 RAVENSMEAD 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 RAVENSMEAD 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 30 MAY	£237,000	£360,509	34% below HPI
2006 21 APR	£230,000	£308,980	26% below HPI
1997 6 JUN	£86,500	£112,689	23% below HPI

4 RAVENSMEAD 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 RAVENSMEAD sales between June 1997 and May 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 April 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 RAVENSMEAD?

4 RAVENSMEAD is 113m², which includes four extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 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 RAVENSMEAD lies on this distribution: 52% of detached houses are smaller than 4 RAVENSMEAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 RAVENSMEAD: Plot and Title Map

4 RAVENSMEAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 RAVENSMEAD, 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 RAVENSMEAD). 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 RAVENSMEAD?

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