77, BANKSIDE, BANBURY, OX16 9DA - £345,000

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.

77 BANKSIDE is a small detached house of 100m², which could now be worth an estimated £402,811. It was last sold for £345,000 in November 2020, which was around 29% below the average November 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

77 BANKSIDE Sold Prices

Land registry data shows three sales for 77 BANKSIDE 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 77 BANKSIDE 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
2020 13 NOV	£345,000	£487,381	29% below HPI
2020 21 OCT	£320,000	£479,253	33% below HPI
2019 5 SEP	£320,000	£466,346	31% below HPI

77 BANKSIDE 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 77 BANKSIDE sales between September 2019 and November 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 October 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 77 BANKSIDE be worth now?

77 BANKSIDE might now be worth an estimated £402,811.

This is based on house price inflation of 16.8%, between November 2020 and February 2025, for detached 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 16.8% inflationary increase is applied to the most recent sale price for 77 BANKSIDE of £345,000 on 13th November 2020. For the value to have increased from £345,000 to £402,811 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 77 BANKSIDE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 77 BANKSIDE has not materially changed since November 2020.

How Large is 77 BANKSIDE?

77 BANKSIDE is 100m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 77 BANKSIDE lies on this distribution: 35% of detached houses houses are smaller than 77 BANKSIDE, and 64% of houses are larger. Note that EPC data is not available for all properties in Banbury.

77 BANKSIDE: Plot and Title Map

77 BANKSIDE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 77 BANKSIDE, 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 77 BANKSIDE). 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 77 BANKSIDE?

77 BANKSIDE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 77 on BANKSIDE.