56, MEWBURN ROAD, BANBURY, OX16 9PG - £355,000

56 MEWBURN ROAD is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £355,000 in February 2019, which was around 26% below the average February 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

56 MEWBURN ROAD Sold Prices

Land registry data shows three sales for 56 MEWBURN 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 56 MEWBURN 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
2019 1 FEB	£355,000	£477,440	26% below HPI
2016 28 SEP	£340,000	£474,702	28% below HPI
2010 13 OCT	£240,000	£353,105	32% below HPI

56 MEWBURN 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 56 MEWBURN ROAD sales between October 2010 and February 2019 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 September 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 56 MEWBURN ROAD?

56 MEWBURN ROAD is 77m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 56 MEWBURN ROAD lies on this distribution: 10% of detached houses are smaller than 56 MEWBURN ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Banbury.

56 MEWBURN ROAD: Plot and Title Map

56 MEWBURN ROAD sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 56 MEWBURN 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 56 MEWBURN 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 56 MEWBURN ROAD?

56 MEWBURN ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 56 on MEWBURN ROAD.