40, LEIGH GROVE, BANBURY, OX16 9LN - £247,500

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

40 LEIGH GROVE is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £247,500 in November 2011, which was around 26% below the average November 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was E.

40 LEIGH GROVE Sold Prices

Land registry data shows two sales for 40 LEIGH GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 40 LEIGH 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
2011 24 NOV	£247,500	£333,597	26% below HPI
2004 6 FEB	£185,000	£280,484	34% below HPI

40 LEIGH 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 two 40 LEIGH GROVE sales from February 2004 and November 2011 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 February 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 LEIGH GROVE?

40 LEIGH GROVE is 98m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 40 LEIGH GROVE lies on this distribution: 34% of detached houses are smaller than 40 LEIGH GROVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Banbury.

40 LEIGH GROVE: Plot and Title Map

40 LEIGH GROVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 40 LEIGH 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 40 LEIGH 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 40 LEIGH GROVE?

40 LEIGH GROVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 40 on LEIGH GROVE.