1, HEARN DRIVE, BANBURY, OX16 9FJ - £395,000

1 HEARN DRIVE is a midsized detached house of 114m². It was last sold for £395,000 in December 2021, which was around 24% below the average December 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

1 HEARN DRIVE Sold Prices

Land registry data shows two sales for 1 HEARN DRIVE 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 HEARN DRIVE 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
2021 17 DEC	£395,000	£518,248	24% below HPI
2020 25 SEP	£359,995	£485,460	26% below HPI

1 HEARN DRIVE 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 HEARN DRIVE sales from September 2020 and December 2021 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 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 HEARN DRIVE?

1 HEARN DRIVE is 114m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% 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 HEARN DRIVE lies on this distribution: 54% of detached houses are smaller than 1 HEARN DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 HEARN DRIVE: Plot and Title Map

1 HEARN DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 1 HEARN DRIVE, 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 HEARN DRIVE). 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 HEARN DRIVE?

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