22, OLD SCHOOL PLACE, BANBURY, OX16 4UB - £168,000

22 OLD SCHOOL PLACE is a very small detached house of 50m², built sometime between 1996 and 2002. It was last sold for £168,000 in January 2010, which was around 49% below the average January 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

22 OLD SCHOOL PLACE Sold Prices

Land registry data shows two sales for 22 OLD SCHOOL PLACE 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 22 OLD SCHOOL PLACE 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
2010 15 JAN	£168,000	£328,411	49% below HPI
1998 26 JUN	£75,950	£138,704	45% below HPI

22 OLD SCHOOL PLACE 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 22 OLD SCHOOL PLACE sales from June 1998 and January 2010 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 June 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2010 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 22 OLD SCHOOL PLACE?

22 OLD SCHOOL PLACE is 50m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 22 OLD SCHOOL PLACE lies on this distribution: 1% of detached houses are smaller than 22 OLD SCHOOL PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

22 OLD SCHOOL PLACE: Plot and Title Map

22 OLD SCHOOL PLACE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 22 OLD SCHOOL PLACE, 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 22 OLD SCHOOL PLACE). 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 22 OLD SCHOOL PLACE?

22 OLD SCHOOL PLACE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 22 on OLD SCHOOL PLACE.