5, BURNS ROAD, BANBURY, OX16 9RE - £330,000

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.

5 BURNS ROAD is a midsized detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £427,051. It was last sold for £330,000 in October 2015, which was around 25% below the average October 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

5 BURNS ROAD Sold Prices

Land registry data shows four sales for 5 BURNS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 5 BURNS ROAD 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
2015 2 OCT	£330,000	£441,538	25% below HPI
2001 5 SEP	£161,000	£207,216	22% below HPI
1999 29 OCT	£128,000	£163,485	22% below HPI
1998 19 AUG	£105,000	£141,904	26% below HPI

5 BURNS ROAD 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 four 5 BURNS ROAD sales between August 1998 and October 2015 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 September 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 5 BURNS ROAD be worth now?

5 BURNS ROAD might now be worth an estimated £427,051.

This is based on house price inflation of 29.4%, between October 2015 and March 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 29.4% inflationary increase is applied to the most recent sale price for 5 BURNS ROAD of £330,000 on 2nd October 2015. For the value to have increased from £330,000 to £427,051 over the ten years and seven months to March 2025, the following assumptions must hold true:

• The value of 5 BURNS ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2015 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BURNS ROAD has not materially changed since October 2015.

How Large is 5 BURNS ROAD?

5 BURNS ROAD is 108m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 5 BURNS ROAD lies on this distribution: 44% of detached houses houses are smaller than 5 BURNS ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Banbury.

5 BURNS ROAD: Plot and Title Map

5 BURNS ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 5 BURNS ROAD, 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 5 BURNS ROAD). 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 5 BURNS ROAD?

5 BURNS ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 5 on BURNS ROAD.