7, DORCHESTER GROVE, BANBURY, OX16 0BD - £345,000

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

7 DORCHESTER GROVE is a large extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £345,000 in August 2018, which was around 30% below the average August 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

7 DORCHESTER GROVE Sold Prices

Land registry data shows two sales for 7 DORCHESTER GROVE 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 7 DORCHESTER GROVE 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 28 AUG	£345,000	£491,292	30% below HPI
2018 31 MAY	£345,000	£480,577	28% below HPI

7 DORCHESTER GROVE 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 7 DORCHESTER GROVE sales from May 2018 and August 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 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 DORCHESTER GROVE?

7 DORCHESTER GROVE is 125m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 7 DORCHESTER GROVE lies on this distribution: 67% of detached houses are smaller than 7 DORCHESTER GROVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7 DORCHESTER GROVE: Plot and Title Map

7 DORCHESTER GROVE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 7 DORCHESTER GROVE, 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 7 DORCHESTER GROVE). 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 7 DORCHESTER GROVE?

7 DORCHESTER GROVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 7 on DORCHESTER GROVE.