65, RILEY DRIVE, BANBURY, OX16 1PD - £425,000

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

65 RILEY DRIVE is a large extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £425,000 in September 2018, which was around 14% below the average September 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

65 RILEY DRIVE Sold Prices

Land registry data shows two sales for 65 RILEY 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 65 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
2018 5 SEP	£425,000	£493,534	14% below HPI
2002 17 MAY	£190,000	£229,556	17% below HPI

65 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 two 65 RILEY DRIVE sales from May 2002 and September 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 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 65 RILEY DRIVE?

65 RILEY DRIVE is 134m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 65 RILEY DRIVE lies on this distribution: 77% of detached houses are smaller than 65 RILEY DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Banbury.

65 RILEY DRIVE: Plot and Title Map

65 RILEY DRIVE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 65 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 65 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 65 RILEY DRIVE?

65 RILEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 65 on RILEY DRIVE.