8, ELTON ROAD, BANBURY, OX16 9TL - £230,000

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 ELTON ROAD is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £230,000 in November 2010, which was around 34% below the average November 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

8 ELTON ROAD Sold Prices

Land registry data shows four sales for 8 ELTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 8 ELTON 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
2010 23 NOV	£230,000	£345,896	34% below HPI
2010 1 OCT	£240,000	£353,105	32% below HPI
2002 28 JUN	£167,000	£230,554	28% below HPI
1997 30 MAY	£88,500	£108,242	18% below HPI

8 ELTON ROAD 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 four 8 ELTON ROAD sales between May 1997 and November 2010 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 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2010 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 ELTON ROAD?

8 ELTON ROAD is 52m² according to the EPC inspection conducted in July 2010. 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 ELTON ROAD lies on this distribution: 1% of detached houses are smaller than 8 ELTON ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 ELTON ROAD: Plot and Title Map

8 ELTON ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 8 ELTON 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 8 ELTON 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 8 ELTON ROAD?

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