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

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 RAVENSMEAD is a midsized extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £379,610. It was last sold for £237,000 in May 2013, which was around 33% 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	£355,272	33% below HPI
2006 21 APR	£230,000	£304,492	24% below HPI
1997 6 JUN	£86,500	£111,052	22% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 RAVENSMEAD be worth now?

4 RAVENSMEAD might now be worth an estimated £379,610.

This is based on house price inflation of 60.2%, between May 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 60.2% inflationary increase is applied to the most recent sale price for 4 RAVENSMEAD of £237,000 on 30th May 2013. For the value to have increased from £237,000 to £379,610 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 4 RAVENSMEAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2013 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RAVENSMEAD has not materially changed since May 2013.

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 houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 4 RAVENSMEAD lies on this distribution: 52% of detached houses 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.