86, GRANGE ROAD, BANBURY, OX16 9AU - £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

86 GRANGE ROAD is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £325,000 in May 2018, which was around 32% below the average May 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

86 GRANGE ROAD Sold Prices

Land registry data shows three sales for 86 GRANGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 86 GRANGE 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
2018 25 MAY	£325,000	£480,577	32% below HPI
2005 7 SEP	£235,000	£304,825	23% below HPI
1996 20 DEC	£95,950	£100,237	4% below HPI

86 GRANGE 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 three 86 GRANGE ROAD sales between December 1996 and May 2018 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 September 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 86 GRANGE ROAD?

86 GRANGE ROAD is 94m², which includes two extensions, according to the EPC inspection conducted in July 2023. 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 86 GRANGE ROAD lies on this distribution: 28% of detached houses are smaller than 86 GRANGE ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Banbury.

86 GRANGE ROAD: Plot and Title Map

86 GRANGE ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 86 GRANGE 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 86 GRANGE 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 86 GRANGE ROAD?

86 GRANGE ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 86 on GRANGE ROAD.