1, GRIFFITH ROAD, BANBURY, OX16 1EF - £190,000

1 GRIFFITH ROAD is a small detached house of 100m², built sometime between 2003 and 2006. It was last sold for £190,000 in March 2005, which was around 35% below the average March 2005 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

1 GRIFFITH ROAD Sold Prices

Land registry data shows two sales for 1 GRIFFITH ROAD 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 1 GRIFFITH 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
2005 24 MAR	£190,000	£293,306	35% below HPI
2003 2 DEC	£192,995	£276,794	30% below HPI

1 GRIFFITH 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 two 1 GRIFFITH ROAD sales from December 2003 and March 2005 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2005 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 GRIFFITH ROAD?

1 GRIFFITH ROAD is 100m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 1 GRIFFITH ROAD lies on this distribution: 36% of detached houses are smaller than 1 GRIFFITH ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 GRIFFITH ROAD: Plot and Title Map

1 GRIFFITH ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 1 GRIFFITH 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 1 GRIFFITH 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 1 GRIFFITH ROAD?

1 GRIFFITH ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on GRIFFITH ROAD.