53, MOLYNEUX DRIVE, BODICOTE, BANBURY, OX15 4AX - £260,000

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.

53 MOLYNEUX DRIVE is a very small extended semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £309,436. It was last sold for £260,000 in August 2018, which was around 11% below the average August 2018 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

53 MOLYNEUX DRIVE Sold Prices

Land registry data shows three sales for 53 MOLYNEUX DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Two of the three 53 MOLYNEUX DRIVE sales were for below the average price, whilst one was for above 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
2018 3 AUG	£260,000	£292,544	11% below HPI
2018 25 JUN	£270,000	£283,423	5% below HPI
2007 13 APR	£234,950	£204,089	15% above HPI

53 MOLYNEUX DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 53 MOLYNEUX DRIVE sales between April 2007 and August 2018 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 June 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 53 MOLYNEUX DRIVE be worth now?

53 MOLYNEUX DRIVE might now be worth an estimated £309,436.

This is based on house price inflation of 19%, between August 2018 and February 2025, for semi-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 19% inflationary increase is applied to the most recent sale price for 53 MOLYNEUX DRIVE of £260,000 on 3rd August 2018. For the value to have increased from £260,000 to £309,436 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 53 MOLYNEUX DRIVE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The August 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 53 MOLYNEUX DRIVE has not materially changed since August 2018.

How Large is 53 MOLYNEUX DRIVE?

53 MOLYNEUX DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of semi-detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bodicote, and where 53 MOLYNEUX DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 53 MOLYNEUX DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

53 MOLYNEUX DRIVE: Plot and Title Map

53 MOLYNEUX DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 53 MOLYNEUX 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 53 MOLYNEUX 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.

Where is 53 MOLYNEUX DRIVE?

53 MOLYNEUX DRIVE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 53 on MOLYNEUX DRIVE.