12, PARK ROAD, BANBURY, OX16 0DW - £225,500

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.

12 PARK ROAD is a very small extended terraced house of 85m², built sometime before 1900, which could now be worth an estimated £346,191. It was last sold for £225,500 in January 2014, which was around 18% above the average January 2014 terraced price in the Cherwell local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

12 PARK ROAD Sold Prices

Land registry data shows six sales for 12 PARK ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the six 12 PARK ROAD sales were 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
2014 24 JAN	£225,500	£191,340	18% above HPI
2007 9 AUG	£248,500	£184,946	34% above HPI
2005 28 OCT	£225,000	£154,832	45% above HPI
2002 30 SEP	£150,000	£113,614	32% above HPI
1998 3 JUL	£84,000	£65,876	28% above HPI
1996 4 MAR	£57,000	£48,304	18% above HPI

12 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The six 12 PARK ROAD sales between March 1996 and January 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 August 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 12 PARK ROAD be worth now?

12 PARK ROAD might now be worth an estimated £346,191.

This is based on house price inflation of 53.5%, between January 2014 and August 2025, for terraced 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 53.5% inflationary increase is applied to the most recent sale price for 12 PARK ROAD of £225,500 on 24th January 2014. For the value to have increased from £225,500 to £346,191 over the ten years and five months to August 2025, the following assumptions must hold true:

• The value of 12 PARK ROAD has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The January 2014 sale price of £225,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK ROAD has not materially changed since January 2014.

How Large is 12 PARK ROAD?

12 PARK ROAD is 85m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of terraced houses houses in Banbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Banbury, and where 12 PARK ROAD lies on this distribution: 16% of terraced houses houses are smaller than 12 PARK ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Banbury.

12 PARK ROAD: Plot and Title Map

12 PARK ROAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 12 PARK 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 12 PARK 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 12 PARK ROAD?

12 PARK ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 12 on PARK ROAD.