45, PARKLANDS, BANBURY, OX16 2SY - £165,100

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

45 PARKLANDS is a very small extended detached house of 70m², built sometime between 1991 and 1995. It was last sold for £165,100 in May 2006, which was around 47% below the average May 2006 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

45 PARKLANDS Sold Prices

Land registry data shows three sales for 45 PARKLANDS 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 45 PARKLANDS 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
2006 19 MAY	£165,100	£312,706	47% below HPI
1998 23 FEB	£73,000	£134,576	46% below HPI
1995 26 MAY	£59,000	£98,205	40% below HPI

45 PARKLANDS 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 45 PARKLANDS sales between May 1995 and May 2006 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 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2006 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 45 PARKLANDS?

45 PARKLANDS is 70m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 45 PARKLANDS lies on this distribution: 6% of detached houses are smaller than 45 PARKLANDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Banbury.

45 PARKLANDS: Plot and Title Map

45 PARKLANDS sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 45 PARKLANDS, 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 45 PARKLANDS). 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 45 PARKLANDS?

45 PARKLANDS is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 45 on PARKLANDS.