22, PROSPECT ROAD, BANBURY, OX16 5HW - £271,500

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.

22 PROSPECT ROAD is a large extended terraced house of 137m², built sometime before 1900, which could now be worth an estimated £333,042. It was last sold for £271,500 in November 2017, which was around 13% above the average November 2017 terraced price in the Cherwell local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

22 PROSPECT ROAD Sold Prices

Land registry data shows four sales for 22 PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. Most of the four 22 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
2017 13 NOV	£271,500	£240,328	13% above HPI
2014 4 AUG	£200,000	£204,001	2% below HPI
2002 20 SEP	£137,000	£113,614	21% above HPI
1996 6 DEC	£60,000	£47,055	28% above HPI

22 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 four 22 PROSPECT ROAD sales between December 1996 and November 2017 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 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 22 PROSPECT ROAD be worth now?

22 PROSPECT ROAD might now be worth an estimated £333,042.

This is based on house price inflation of 22.7%, between November 2017 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 22.7% inflationary increase is applied to the most recent sale price for 22 PROSPECT ROAD of £271,500 on 13th November 2017. For the value to have increased from £271,500 to £333,042 over the eight years and one month to October 2025, the following assumptions must hold true:

• The value of 22 PROSPECT ROAD has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The November 2017 sale price of £271,500 represented a fair market value for the property.
• The size, condition, and specification of 22 PROSPECT ROAD has not materially changed since November 2017.

How Large is 22 PROSPECT ROAD?

22 PROSPECT ROAD is 137m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 22 PROSPECT ROAD lies on this distribution: 80% of terraced houses houses are smaller than 22 PROSPECT ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Banbury.

22 PROSPECT ROAD: Plot and Title Map

22 PROSPECT ROAD sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 22 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 22 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 22 PROSPECT ROAD?

22 PROSPECT ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 22 on PROSPECT ROAD.