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
5 DUKES MEADOW DRIVE is a large detached house of 127m². It was last sold for £442,000 in December 2021, which was around 15% below the average December 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 5 DUKES MEADOW DRIVE since 1st 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 5 DUKES MEADOW DRIVE 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 |
---|---|---|---|
2021 8 DEC | £442,000 | £518,248 | 15% below HPI |
2019 12 SEP | £379,995 | £473,221 | 20% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 5 DUKES MEADOW DRIVE sales from September 2019 and December 2021 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 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
5 DUKES MEADOW DRIVE is 127m² according to the EPC inspection conducted in August 2019. This puts it in the largest 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 5 DUKES MEADOW DRIVE lies on this distribution: 69% of detached houses are smaller than 5 DUKES MEADOW DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Banbury.
5 DUKES MEADOW DRIVE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 5 DUKES MEADOW DRIVE, 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 DUKES MEADOW DRIVE). 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.
5 DUKES MEADOW DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 5 on DUKES MEADOW DRIVE.