5, OSTERLEY GROVE, BANBURY, OX16 9LR - £412,000

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 OSTERLEY GROVE is a midsized extended detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £468,820. It was last sold for £412,000 in August 2021, which was around 18% below the average August 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

5 OSTERLEY GROVE Sold Prices

Land registry data shows three sales for 5 OSTERLEY GROVE 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 5 OSTERLEY 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
2021 18 AUG	£412,000	£500,082	18% below HPI
2017 13 OCT	£410,000	£481,158	15% below HPI
2006 12 APR	£229,000	£304,492	25% below HPI

5 OSTERLEY 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 three 5 OSTERLEY GROVE sales between April 2006 and August 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 October 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 OSTERLEY GROVE be worth now?

5 OSTERLEY GROVE might now be worth an estimated £468,820.

This is based on house price inflation of 13.8%, between August 2021 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 13.8% inflationary increase is applied to the most recent sale price for 5 OSTERLEY GROVE of £412,000 on 18th August 2021. For the value to have increased from £412,000 to £468,820 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 5 OSTERLEY GROVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2021 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OSTERLEY GROVE has not materially changed since August 2021.

How Large is 5 OSTERLEY GROVE?

5 OSTERLEY GROVE is 118m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 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 OSTERLEY GROVE lies on this distribution: 58% of detached houses houses are smaller than 5 OSTERLEY GROVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Banbury.

5 OSTERLEY GROVE: Plot and Title Map

5 OSTERLEY GROVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 5 OSTERLEY 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 5 OSTERLEY 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 5 OSTERLEY GROVE?

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