76, LAPSLEY DRIVE, BANBURY, OX16 1EW - £240,000

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.

76 LAPSLEY DRIVE is a small terraced house of 92m², built sometime from 2007 onwards, which could now be worth an estimated £282,310. It was last sold for £240,000 in July 2020, which was around 1% above the average July 2020 terraced price in the Cherwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

76 LAPSLEY DRIVE Sold Prices

Land registry data shows three sales for 76 LAPSLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the three 76 LAPSLEY 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
2020 10 JUL	£240,000	£238,339	1% above HPI
2016 20 MAY	£240,000	£236,557	1% above HPI
2007 28 SEP	£215,000	£188,059	14% above HPI

76 LAPSLEY 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 three 76 LAPSLEY DRIVE sales between September 2007 and July 2020 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 May 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2020 sale, which was also at 1% above the HPI.

What might 76 LAPSLEY DRIVE be worth now?

76 LAPSLEY DRIVE might now be worth an estimated £282,310.

This is based on house price inflation of 17.6%, between July 2020 and July 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 17.6% inflationary increase is applied to the most recent sale price for 76 LAPSLEY DRIVE of £240,000 on 10th July 2020. For the value to have increased from £240,000 to £282,310 over the five years to July 2025, the following assumptions must hold true:

• The value of 76 LAPSLEY DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The July 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 76 LAPSLEY DRIVE has not materially changed since July 2020.

How Large is 76 LAPSLEY DRIVE?

76 LAPSLEY DRIVE is 92m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% 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 76 LAPSLEY DRIVE lies on this distribution: 26% of terraced houses houses are smaller than 76 LAPSLEY DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Banbury.

76 LAPSLEY DRIVE: Plot and Title Map

76 LAPSLEY DRIVE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 76 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 76 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 76 LAPSLEY DRIVE?

76 LAPSLEY DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 76 on LAPSLEY DRIVE.