7, RAVENSMEAD, BANBURY, OX16 9RA - £310,000

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 RAVENSMEAD is a small extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £310,000 in February 2021, which was around 37% below the average February 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

7 RAVENSMEAD Sold Prices

Land registry data shows three sales for 7 RAVENSMEAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 7 RAVENSMEAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2021
18 FEB
£310,000£491,489
down arrow
37% below HPI
2014
22 OCT
£290,000£414,316
down arrow
30% below HPI
2006
30 NOV
£233,000£330,805
down arrow
30% below HPI

7 RAVENSMEAD 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 three 7 RAVENSMEAD sales between November 2006 and February 2021 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 October 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

7, RAVENSMEAD, BANBURY, OX16 9RA: Price paid vs HM Land Registry's House Price Index

How Large is 7 RAVENSMEAD?

7 RAVENSMEAD is 96m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 RAVENSMEAD lies on this distribution: 31% of detached houses are smaller than 7 RAVENSMEAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7, RAVENSMEAD, BANBURY, OX16 9RA: Size of property relative to detached houses in Banbury

7 RAVENSMEAD: Plot and Title Map

7 RAVENSMEAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 RAVENSMEAD, 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 RAVENSMEAD). 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.

7, RAVENSMEAD, BANBURY, OX16 9RA: Plot and title map

Where is 7 RAVENSMEAD?

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

7, RAVENSMEAD, BANBURY, OX16 9RA: Location map and indicative extent of plot

All sales of detached houses on RAVENSMEAD

16, RAVENSMEAD, BANBURY, OX16 9RA
2021
17 MAR
£310,000
7, RAVENSMEAD, BANBURY, OX16 9RA
2021
18 FEB
£310,000
7, RAVENSMEAD, BANBURY, OX16 9RA
2014
22 OCT
£290,000
7, RAVENSMEAD, BANBURY, OX16 9RA
2006
30 NOV
£233,000
2, RAVENSMEAD, BANBURY, OX16 9RA
1996
16 AUG
£68,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.