33, ROSEMARY DRIVE, BANBURY, OX16 1ES - £248,000

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.

33 ROSEMARY DRIVE is a very large terraced house of 180m², built sometime between 2003 and 2006, which could now be worth an estimated £326,464. It was last sold for £248,000 in October 2015, which was around 11% above the average October 2015 terraced price in the Cherwell local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

33 ROSEMARY DRIVE Sold Prices

Land registry data shows two sales for 33 ROSEMARY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. Both of the two 33 ROSEMARY DRIVE 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
2015 29 OCT	£248,000	£223,949	11% above HPI
2006 4 JAN	£234,500	£158,535	48% above HPI

33 ROSEMARY DRIVE 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 two 33 ROSEMARY DRIVE sales from January 2006 and October 2015 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 January 2006 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2015 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 33 ROSEMARY DRIVE be worth now?

33 ROSEMARY DRIVE might now be worth an estimated £326,464.

This is based on house price inflation of 31.6%, between October 2015 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 31.6% inflationary increase is applied to the most recent sale price for 33 ROSEMARY DRIVE of £248,000 on 29th October 2015. For the value to have increased from £248,000 to £326,464 over the ten years to October 2025, the following assumptions must hold true:

• The value of 33 ROSEMARY DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The October 2015 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 33 ROSEMARY DRIVE has not materially changed since October 2015.

How Large is 33 ROSEMARY DRIVE?

33 ROSEMARY DRIVE is 180m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% 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 33 ROSEMARY DRIVE lies on this distribution: 96% of terraced houses houses are smaller than 33 ROSEMARY DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Banbury.

33 ROSEMARY DRIVE: Plot and Title Map

33 ROSEMARY DRIVE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 33 ROSEMARY DRIVE, 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 33 ROSEMARY DRIVE). 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 33 ROSEMARY DRIVE?

33 ROSEMARY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 33 on ROSEMARY DRIVE.