72, PARK ROAD, BANBURY, OX16 0DH - £247,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

72 PARK ROAD is a small extended semi-detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £292,380. It was last sold for £247,500 in February 2021, which was around 16% below the average February 2021 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

72 PARK ROAD Sold Prices

Land registry data shows three sales for 72 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the three 72 PARK 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
2021 12 FEB	£247,500	£294,725	16% below HPI
2011 25 FEB	£145,000	£203,457	29% below HPI
2000 3 MAR	£69,500	£100,498	31% below HPI

72 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 72 PARK ROAD sales between March 2000 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 February 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 72 PARK ROAD be worth now?

72 PARK ROAD might now be worth an estimated £292,380.

This is based on house price inflation of 18.1%, between February 2021 and February 2025, for semi-detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 72 PARK ROAD of £247,500 on 12th February 2021. For the value to have increased from £247,500 to £292,380 over the four years to February 2025, the following assumptions must hold true:

• The value of 72 PARK ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The February 2021 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 72 PARK ROAD has not materially changed since February 2021.

How Large is 72 PARK ROAD?

72 PARK ROAD is 100m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 72 PARK ROAD lies on this distribution: 35% of semi-detached houses houses are smaller than 72 PARK ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Banbury.

72 PARK ROAD: Plot and Title Map

72 PARK ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 72 PARK 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 72 PARK 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 72 PARK ROAD?

72 PARK ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 72 on PARK ROAD.