CHALKY DOWN, MEWBURN ROAD, BANBURY, OX16 9NZ - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHALKY DOWN is a midsized detached house of 114m², which could now be worth an estimated £383,271. It was last sold for £275,000 in October 2014, which was around 33% below the average October 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.

CHALKY DOWN Sold Prices

Land registry data shows two sales for CHALKY DOWN 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 CHALKY DOWN 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 31 OCT	£275,000	£408,298	33% below HPI
2011 21 APR	£250,000	£338,291	26% below HPI

CHALKY DOWN 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 CHALKY DOWN sales from April 2011 and October 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 April 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might CHALKY DOWN be worth now?

CHALKY DOWN might now be worth an estimated £383,271.

This is based on house price inflation of 39.4%, between October 2014 and February 2025, 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 39.4% inflationary increase is applied to the most recent sale price for CHALKY DOWN of £275,000 on 31st October 2014. For the value to have increased from £275,000 to £383,271 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of CHALKY DOWN has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of CHALKY DOWN has not materially changed since October 2014.

How Large is CHALKY DOWN?

CHALKY DOWN is 114m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% 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 CHALKY DOWN lies on this distribution: 54% of detached houses houses are smaller than CHALKY DOWN, and 46% of houses are larger. Note that EPC data is not available for all properties in Banbury.

CHALKY DOWN: Plot and Title Map

CHALKY DOWN sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of CHALKY DOWN, 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 CHALKY DOWN). 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 CHALKY DOWN?

CHALKY DOWN is located on MEWBURN ROAD in BANBURY, in the OX16 postcode district. The below map shows the position of CHALKY DOWN on MEWBURN ROAD.