75, WESLEY DRIVE, BANBURY, OX16 9LT - £325,000

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

75 WESLEY DRIVE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £325,000 in October 2022, which was around 44% below the average October 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

75 WESLEY DRIVE Sold Prices

Land registry data shows two sales for 75 WESLEY 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 75 WESLEY 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
2022 18 OCT	£325,000	£575,876	44% below HPI
2018 25 JAN	£340,000	£476,757	29% below HPI

75 WESLEY 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 75 WESLEY DRIVE sales from January 2018 and October 2022 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 January 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 75 WESLEY DRIVE?

75 WESLEY DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 75 WESLEY DRIVE lies on this distribution: 31% of detached houses are smaller than 75 WESLEY DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Banbury.

75 WESLEY DRIVE: Plot and Title Map

75 WESLEY DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 75 WESLEY 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 75 WESLEY 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 75 WESLEY DRIVE?

75 WESLEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 75 on WESLEY DRIVE.