55, MOLYNEUX DRIVE, BODICOTE, BANBURY, OX15 4AX - £390,000

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.

55 MOLYNEUX DRIVE is a very small semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £424,725. It was last sold for £390,000 in May 2022, which was around 22% above the average May 2022 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

55 MOLYNEUX DRIVE Sold Prices

Land registry data shows four sales for 55 MOLYNEUX DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Most of the four 55 MOLYNEUX 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
2022 6 MAY	£390,000	£319,702	22% above HPI
2016 22 JAN	£240,000	£272,040	12% below HPI
2011 9 FEB	£175,000	£203,457	14% below HPI
2000 1 DEC	£105,000	£109,079	4% below HPI

55 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 four 55 MOLYNEUX DRIVE sales between December 2000 and May 2022 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 January 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 55 MOLYNEUX DRIVE be worth now?

55 MOLYNEUX DRIVE might now be worth an estimated £424,725.

This is based on house price inflation of 8.9%, between May 2022 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 8.9% inflationary increase is applied to the most recent sale price for 55 MOLYNEUX DRIVE of £390,000 on 6th May 2022. For the value to have increased from £390,000 to £424,725 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 55 MOLYNEUX DRIVE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The May 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MOLYNEUX DRIVE has not materially changed since May 2022.

How Large is 55 MOLYNEUX DRIVE?

55 MOLYNEUX DRIVE is 71m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 55 MOLYNEUX DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 55 MOLYNEUX DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

55 MOLYNEUX DRIVE: Plot and Title Map

55 MOLYNEUX DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 55 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 55 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 55 MOLYNEUX DRIVE?

55 MOLYNEUX DRIVE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 55 on MOLYNEUX DRIVE.