41, LEIGH GROVE, BANBURY, OX16 9LN - £325,000

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.

41 LEIGH GROVE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £410,495. It was last sold for £325,000 in May 2019, which was around 28% below the average May 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

41 LEIGH GROVE Sold Prices

Land registry data shows two sales for 41 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 41 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
2019 24 MAY	£325,000	£450,532	28% below HPI
2002 25 MAR	£160,000	£218,538	27% below HPI

41 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 41 LEIGH GROVE sales from March 2002 and May 2019 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 March 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 41 LEIGH GROVE be worth now?

41 LEIGH GROVE might now be worth an estimated £410,495.

This is based on house price inflation of 26.3%, between May 2019 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 26.3% inflationary increase is applied to the most recent sale price for 41 LEIGH GROVE of £325,000 on 24th May 2019. For the value to have increased from £325,000 to £410,495 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 41 LEIGH GROVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LEIGH GROVE has not materially changed since May 2019.

How Large is 41 LEIGH GROVE?

41 LEIGH GROVE is 77m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 41 LEIGH GROVE lies on this distribution: 10% of detached houses houses are smaller than 41 LEIGH GROVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Banbury.

41 LEIGH GROVE: Plot and Title Map

41 LEIGH GROVE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 41 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 41 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 41 LEIGH GROVE?

41 LEIGH GROVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 41 on LEIGH GROVE.