13, PROSPECT ROAD, BANBURY, OX16 5HH - £312,500

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.

13 PROSPECT ROAD is a small extended terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £347,389. It was last sold for £312,500 in May 2022, which was around 18% above the average May 2022 terraced price in the Cherwell local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

13 PROSPECT ROAD Sold Prices

Land registry data shows eight sales for 13 PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. Most of the eight 13 PROSPECT 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
2022 20 MAY	£312,500	£265,196	18% above HPI
2019 5 APR	£270,000	£228,750	18% above HPI
2015 15 JUL	£227,500	£221,635	3% above HPI
2009 20 FEB	£167,500	£150,083	12% above HPI
2004 18 JUL	£185,000	£145,517	27% above HPI
2002 3 MAY	£135,000	£105,599	28% above HPI
1999 7 MAY	£84,000	£68,932	22% above HPI
1997 8 AUG	£41,000	£58,031	29% below HPI

13 PROSPECT 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 eight 13 PROSPECT ROAD sales between August 1997 and May 2022 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 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2022 sale, which was also at 18% above the HPI.

What might 13 PROSPECT ROAD be worth now?

13 PROSPECT ROAD might now be worth an estimated £347,389.

This is based on house price inflation of 11.2%, between May 2022 and October 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 11.2% inflationary increase is applied to the most recent sale price for 13 PROSPECT ROAD of £312,500 on 20th May 2022. For the value to have increased from £312,500 to £347,389 over the two years and seven months to October 2025, the following assumptions must hold true:

• The value of 13 PROSPECT ROAD has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The May 2022 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 13 PROSPECT ROAD has not materially changed since May 2022.

How Large is 13 PROSPECT ROAD?

13 PROSPECT ROAD is 95m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% 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 13 PROSPECT ROAD lies on this distribution: 29% of terraced houses houses are smaller than 13 PROSPECT ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Banbury.

13 PROSPECT ROAD: Plot and Title Map

13 PROSPECT ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 13 PROSPECT 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 13 PROSPECT 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 13 PROSPECT ROAD?

13 PROSPECT ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 13 on PROSPECT ROAD.