40, LAPSLEY DRIVE, BANBURY, OX16 1EW - £198,000

40 LAPSLEY DRIVE is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £198,000 in May 2005, which was around 34% below the average May 2005 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

40 LAPSLEY DRIVE Sold Prices

Land registry data shows two sales for 40 LAPSLEY DRIVE 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 40 LAPSLEY DRIVE 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
2005 27 MAY	£198,000	£298,919	34% below HPI
2003 7 FEB	£179,995	£273,447	34% below HPI

40 LAPSLEY DRIVE 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 40 LAPSLEY DRIVE sales from February 2003 and May 2005 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 February 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2005 sale, which was also at 34% below the HPI.

How Large is 40 LAPSLEY DRIVE?

40 LAPSLEY DRIVE is 92m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 40 LAPSLEY DRIVE lies on this distribution: 27% of detached houses are smaller than 40 LAPSLEY DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Banbury.

40 LAPSLEY DRIVE: Plot and Title Map

40 LAPSLEY DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 40 LAPSLEY 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 40 LAPSLEY 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 40 LAPSLEY DRIVE?

40 LAPSLEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 40 on LAPSLEY DRIVE.