Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources
87 ASHMEAD ROAD is a very large detached house of 161m², built sometime between 2003 and 2006, which could now be worth an estimated £473,890. It was last sold for £395,000 in April 2018, which was around 19% below the average April 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 87 ASHMEAD ROAD since 1st 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. One of the two 87 ASHMEAD ROAD sales was for below the average price, whilst the other was for above 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 12 APR | £395,000 | £487,393 | ![]() 19% below HPI |
2002 18 DEC | £310,500 | £263,254 | ![]() 18% above HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 87 ASHMEAD ROAD sales from December 2002 and April 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 December 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
87 ASHMEAD ROAD might now be worth an estimated £473,890.
This is based on house price inflation of 20%, between April 2018 and December 2024, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).
The 20% inflationary increase is applied to the most recent sale price for 87 ASHMEAD ROAD of £395,000 on 12th April 2018. For the value to have increased from £395,000 to £473,890 over the five years and four months to December 2024, the following assumptions must hold true:
87 ASHMEAD ROAD is 161m² according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 87 ASHMEAD ROAD lies on this distribution: 90% of detached houses houses are smaller than 87 ASHMEAD ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Banbury.
87 ASHMEAD ROAD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 87 ASHMEAD 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 87 ASHMEAD 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.
87 ASHMEAD ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 87 on ASHMEAD ROAD.
Most recent sales first: