71, HOBBY ROAD, BODICOTE, BANBURY, OX15 4GH - £275,000

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.

71 HOBBY ROAD is a very small terraced house of 77m², built in 2016, which could now be worth an estimated £316,800. It was last sold for £275,000 in December 2021, which was around 8% above the average December 2021 terraced price in the Cherwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

71 HOBBY ROAD Sold Prices

Land registry data shows two sales for 71 HOBBY ROAD 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 71 HOBBY ROAD 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
2021 17 DEC	£275,000	£254,914	8% above HPI
2016 29 JUL	£274,950	£238,520	15% above HPI

71 HOBBY ROAD 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 71 HOBBY ROAD sales from July 2016 and December 2021 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 July 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 71 HOBBY ROAD be worth now?

71 HOBBY ROAD might now be worth an estimated £316,800.

This is based on house price inflation of 15.2%, between December 2021 and May 2026, 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 15.2% inflationary increase is applied to the most recent sale price for 71 HOBBY ROAD of £275,000 on 17th December 2021. For the value to have increased from £275,000 to £316,800 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 71 HOBBY ROAD has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The December 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 71 HOBBY ROAD has not materially changed since December 2021.

How Large is 71 HOBBY ROAD?

71 HOBBY ROAD is 77m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of terraced houses houses in Bodicote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bodicote, and where 71 HOBBY ROAD lies on this distribution: 3% of terraced houses houses are smaller than 71 HOBBY ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

71 HOBBY ROAD: Plot and Title Map

71 HOBBY ROAD sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 71 HOBBY 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 71 HOBBY 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 71 HOBBY ROAD?

71 HOBBY ROAD is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 71 on HOBBY ROAD.