3, MARTEN GATE, BANBURY, OX16 9YB - £325,000

3 MARTEN GATE is a small extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £325,000 in September 2020, which was around 33% below the average September 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

3 MARTEN GATE Sold Prices

Land registry data shows six sales for 3 MARTEN GATE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the six 3 MARTEN GATE 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
2020 18 SEP	£325,000	£485,460	33% below HPI
2010 11 JUN	£195,000	£347,946	44% below HPI
2009 23 JAN	£210,000	£303,587	31% below HPI
2001 26 OCT	£145,000	£209,573	31% below HPI
1998 11 NOV	£105,000	£144,439	27% below HPI
1995 1 SEP	£63,500	£98,206	35% below HPI

3 MARTEN GATE 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 six 3 MARTEN GATE sales between September 1995 and September 2020 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 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 MARTEN GATE?

3 MARTEN GATE is 101m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 3 MARTEN GATE lies on this distribution: 37% of detached houses are smaller than 3 MARTEN GATE, and 62% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 MARTEN GATE: Plot and Title Map

3 MARTEN GATE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 MARTEN GATE, 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 3 MARTEN GATE). 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 3 MARTEN GATE?

3 MARTEN GATE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 3 on MARTEN GATE.