45A, HIGH ACRES, BANBURY, OX16 9SL - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

45A HIGH ACRES is a midsized detached house of 106m², built sometime between 2007 and 2011. It was last sold for £325,000 in December 2023, which was around 41% below the average December 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

45A HIGH ACRES Sold Prices

Land registry data shows three sales for 45A HIGH ACRES 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 45A HIGH ACRES 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
2023 13 DEC	£325,000	£547,654	41% below HPI
2021 3 DEC	£338,000	£518,248	35% below HPI
2016 22 JAN	£300,000	£456,735	34% below HPI

45A HIGH ACRES 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 45A HIGH ACRES sales between January 2016 and December 2023 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 December 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 45A HIGH ACRES?

45A HIGH ACRES is 106m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 45A HIGH ACRES lies on this distribution: 42% of detached houses are smaller than 45A HIGH ACRES, and 57% of houses are larger. Note that EPC data is not available for all properties in Banbury.

45A HIGH ACRES: Plot and Title Map

45A HIGH ACRES sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 45A HIGH ACRES, 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 45A HIGH ACRES). 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 45A HIGH ACRES?

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