78, LAPSLEY DRIVE, BANBURY, OX16 1EW - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

78 LAPSLEY DRIVE is a small detached house of 89m², built sometime from 2007 onwards. It was last sold for £205,000 in June 2014, which was around 48% below the average June 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

78 LAPSLEY DRIVE Sold Prices

Land registry data shows two sales for 78 LAPSLEY 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 78 LAPSLEY 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
2014 12 JUN	£205,000	£393,809	48% below HPI
2007 29 JUN	£205,000	£340,357	40% below HPI

78 LAPSLEY 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 78 LAPSLEY DRIVE sales from June 2007 and June 2014 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 June 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2014 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 78 LAPSLEY DRIVE?

78 LAPSLEY DRIVE is 89m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 78 LAPSLEY DRIVE lies on this distribution: 21% of detached houses are smaller than 78 LAPSLEY DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Banbury.

78 LAPSLEY DRIVE: Plot and Title Map

78 LAPSLEY DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 78 LAPSLEY 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 78 LAPSLEY 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 78 LAPSLEY DRIVE?

78 LAPSLEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 78 on LAPSLEY DRIVE.