7, GREBE ROAD, BANBURY, OX16 9YZ - £290,000

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 GREBE ROAD is a very small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £290,000 in June 2018, which was around 39% below the average June 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

7 GREBE ROAD Sold Prices

Land registry data shows two sales for 7 GREBE 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 7 GREBE 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
2018 29 JUN	£290,000	£475,117	39% below HPI
2015 16 FEB	£242,000	£415,402	42% below HPI

7 GREBE 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 7 GREBE ROAD sales from February 2015 and June 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 February 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2018 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 GREBE ROAD?

7 GREBE ROAD is 82m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 7 GREBE ROAD lies on this distribution: 13% of detached houses are smaller than 7 GREBE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7 GREBE ROAD: Plot and Title Map

7 GREBE ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 7 GREBE 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 7 GREBE 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 7 GREBE ROAD?

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