63, RILEY DRIVE, BANBURY, OX16 1PD - £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

63 RILEY DRIVE is a very small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £250,000 in February 2019, which was around 48% below the average February 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

63 RILEY DRIVE Sold Prices

Land registry data shows five sales for 63 RILEY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 63 RILEY 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
2019 8 FEB	£250,000	£477,440	48% below HPI
2019 28 JAN	£250,000	£475,992	47% below HPI
2014 2 JUN	£230,000	£393,809	42% below HPI
2012 21 MAY	£220,000	£341,335	36% below HPI
2005 9 SEP	£177,000	£304,825	42% below HPI

63 RILEY 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 five 63 RILEY DRIVE sales between September 2005 and February 2019 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 January 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 63 RILEY DRIVE?

63 RILEY DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 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 63 RILEY DRIVE lies on this distribution: 16% of detached houses are smaller than 63 RILEY DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Banbury.

63 RILEY DRIVE: Plot and Title Map

63 RILEY DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 63 RILEY 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 63 RILEY 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 63 RILEY DRIVE?

63 RILEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 63 on RILEY DRIVE.