56, OXFORD ROAD, BANBURY, OX16 9AN - £625,000

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

56 OXFORD ROAD is a very large detached house of 167m², built sometime between 1950 and 1966. It was last sold for £625,000 in October 2023, which was around 14% above the average October 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

56 OXFORD ROAD Sold Prices

Land registry data shows two sales for 56 OXFORD ROAD since 1^st 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 56 OXFORD ROAD sales were 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
2023 6 OCT	£625,000	£549,922	14% above HPI
2002 21 MAR	£270,000	£221,759	22% above HPI

56 OXFORD 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 two 56 OXFORD ROAD sales from March 2002 and October 2023 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 March 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 56 OXFORD ROAD?

56 OXFORD ROAD is 167m² according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 56 OXFORD ROAD lies on this distribution: 92% of detached houses are smaller than 56 OXFORD ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Banbury.

56 OXFORD ROAD: Plot and Title Map

56 OXFORD ROAD sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 56 OXFORD 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 56 OXFORD 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 56 OXFORD ROAD?

56 OXFORD ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 56 on OXFORD ROAD.