61, ELTON ROAD, BANBURY, OX16 9YH - £186,000

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 ELTON ROAD is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £186,000 in December 2003, which was around 33% below the average December 2003 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

61 ELTON ROAD Sold Prices

Land registry data shows four sales for 61 ELTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 61 ELTON ROAD 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
2003 19 DEC	£186,000	£276,794	33% below HPI
2002 27 SEP	£194,000	£247,947	22% below HPI
1998 19 JUN	£97,000	£138,704	30% below HPI
1996 30 SEP	£79,500	£108,424	27% below HPI

61 ELTON 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 four 61 ELTON ROAD sales between September 1996 and December 2003 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 September 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2003 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 61 ELTON ROAD?

61 ELTON ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% 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 ELTON ROAD lies on this distribution: 53% of detached houses are smaller than 61 ELTON ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Banbury.

61 ELTON ROAD: Plot and Title Map

61 ELTON ROAD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 61 ELTON 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 61 ELTON 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 61 ELTON ROAD?

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