4, ELTON ROAD, BANBURY, OX16 9TJ - £315,000

4 ELTON ROAD is a very large extended detached house of 153m², built sometime between 1967 and 1975. It was last sold for £315,000 in July 2013, which was around 13% below the average July 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

4 ELTON ROAD Sold Prices

Land registry data shows three sales for 4 ELTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 4 ELTON ROAD 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
2013 29 JUL	£315,000	£360,834	13% below HPI
2005 14 DEC	£250,000	£304,632	18% below HPI
2003 24 MAR	£244,000	£276,288	12% below HPI

4 ELTON ROAD 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 three 4 ELTON ROAD sales between March 2003 and July 2013 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 December 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 ELTON ROAD?

4 ELTON ROAD is 153m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 4 ELTON ROAD lies on this distribution: 88% of detached houses are smaller than 4 ELTON ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 ELTON ROAD: Plot and Title Map

4 ELTON ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 4 ELTON 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 4 ELTON 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 4 ELTON ROAD?

4 ELTON ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 4 on ELTON ROAD.