62, MEWBURN ROAD, BANBURY, OX16 9PG - £240,000

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.

62 MEWBURN ROAD is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £419,496. It was last sold for £240,000 in March 2010, which was around 26% below the average March 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

62 MEWBURN ROAD Sold Prices

Land registry data shows two sales for 62 MEWBURN 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 62 MEWBURN 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
2010 25 MAR	£240,000	£325,562	26% below HPI
1998 30 JUN	£87,000	£136,689	36% below HPI

62 MEWBURN 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 62 MEWBURN ROAD sales from June 1998 and March 2010 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 June 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2010 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 62 MEWBURN ROAD be worth now?

62 MEWBURN ROAD might now be worth an estimated £419,496.

This is based on house price inflation of 74.8%, between March 2010 and February 2025, for 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 74.8% inflationary increase is applied to the most recent sale price for 62 MEWBURN ROAD of £240,000 on 25th March 2010. For the value to have increased from £240,000 to £419,496 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 62 MEWBURN ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The March 2010 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 62 MEWBURN ROAD has not materially changed since March 2010.

How Large is 62 MEWBURN ROAD?

62 MEWBURN ROAD is 75m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 62 MEWBURN ROAD lies on this distribution: 9% of detached houses houses are smaller than 62 MEWBURN ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Banbury.

62 MEWBURN ROAD: Plot and Title Map

62 MEWBURN ROAD sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 62 MEWBURN 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 62 MEWBURN 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 62 MEWBURN ROAD?

62 MEWBURN ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 62 on MEWBURN ROAD.