61, AUSTIN DRIVE, BANBURY, OX16 1DG - £250,000

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

61 AUSTIN DRIVE is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £250,000 in May 2018, which was around 48% below the average May 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was D.

61 AUSTIN DRIVE Sold Prices

Land registry data shows two sales for 61 AUSTIN DRIVE 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 61 AUSTIN 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
2018 11 MAY	£250,000	£480,577	48% below HPI
2005 26 MAY	£208,000	£298,919	30% below HPI

61 AUSTIN DRIVE 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 61 AUSTIN DRIVE sales from May 2005 and May 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 May 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 61 AUSTIN DRIVE?

61 AUSTIN DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 61 AUSTIN DRIVE lies on this distribution: 34% of detached houses are smaller than 61 AUSTIN DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Banbury.

61 AUSTIN DRIVE: Plot and Title Map

61 AUSTIN DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 61 AUSTIN 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 61 AUSTIN 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 61 AUSTIN DRIVE?

61 AUSTIN DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 61 on AUSTIN DRIVE.