8, ELIZABETH RISE, BANBURY, OX16 9LZ - £181,000

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

8 ELIZABETH RISE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £181,000 in July 2009, which was around 41% below the average July 2009 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

8 ELIZABETH RISE Sold Prices

Land registry data shows two sales for 8 ELIZABETH RISE 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 8 ELIZABETH RISE 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
2009 31 JUL	£181,000	£308,359	41% below HPI
1995 22 NOV	£72,000	£97,408	26% below HPI

8 ELIZABETH RISE 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 8 ELIZABETH RISE sales from November 1995 and July 2009 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 November 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2009 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 ELIZABETH RISE?

8 ELIZABETH RISE is 72m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 8 ELIZABETH RISE lies on this distribution: 7% of detached houses are smaller than 8 ELIZABETH RISE, and 93% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 ELIZABETH RISE: Plot and Title Map

8 ELIZABETH RISE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 8 ELIZABETH RISE, 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 8 ELIZABETH RISE). 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 8 ELIZABETH RISE?

8 ELIZABETH RISE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 8 on ELIZABETH RISE.