2, BANBURY ROAD, BICESTER, OX26 2HJ - £280,000

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.

2 BANBURY ROAD is a midsized semi-detached house of 109m², built sometime between 1900 and 1929, which could now be worth an estimated £358,424. It was last sold for £280,000 in August 2019, which was about the average August 2019 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

2 BANBURY ROAD Sold Prices

Land registry data shows five sales for 2 BANBURY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. The five 2 BANBURY ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2019 12 AUG	£280,000	£278,857	Close to HPI
2014 4 SEP	£216,000	£245,957	12% below HPI
2007 9 MAR	£205,000	£204,650	Close to HPI
2001 22 JAN	£113,000	£107,315	5% above HPI
1997 29 AUG	£64,000	£71,326	10% below HPI

2 BANBURY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The five 2 BANBURY ROAD sales between August 1997 and August 2019 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 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 BANBURY ROAD be worth now?

2 BANBURY ROAD might now be worth an estimated £358,424.

This is based on house price inflation of 28%, between August 2019 and August 2025, for semi-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 28% inflationary increase is applied to the most recent sale price for 2 BANBURY ROAD of £280,000 on 12th August 2019. For the value to have increased from £280,000 to £358,424 over the six years to August 2025, the following assumptions must hold true:

• The value of 2 BANBURY ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The August 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BANBURY ROAD has not materially changed since August 2019.

How Large is 2 BANBURY ROAD?

2 BANBURY ROAD is 109m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of semi-detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicester, and where 2 BANBURY ROAD lies on this distribution: 40% of semi-detached houses houses are smaller than 2 BANBURY ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 BANBURY ROAD: Plot and Title Map

2 BANBURY ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 2 BANBURY 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 2 BANBURY 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 2 BANBURY ROAD?

2 BANBURY ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 2 on BANBURY ROAD.