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 USHER DRIVE is a very large semi-detached house of 158m², built sometime between 1996 and 2002. It was last sold for £450,000 in September 2022, which was around 21% below the average September 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 61 USHER DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 61 USHER 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 30 SEP | £450,000 | £572,645 | 21% below HPI |
2014 15 AUG | £320,995 | £404,064 | 21% below HPI |
2007 18 JAN | £290,000 | £333,400 | 13% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 61 USHER DRIVE sales between January 2007 and September 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 August 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, which was also at 21% below the HPI.
61 USHER DRIVE is 158m² according to the EPC inspection conducted in April 2022. This puts it in the largest 20% 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 USHER DRIVE lies on this distribution: 89% of detached houses are smaller than 61 USHER DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Banbury.
61 USHER DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 61 USHER 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 USHER 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.
61 USHER DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 61 on USHER DRIVE.