8, NEITHROP AVENUE, BANBURY, OX16 2NF - £405,000

8 NEITHROP AVENUE is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £405,000 in August 2023, which was around 27% below the average August 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

8 NEITHROP AVENUE Sold Prices

Land registry data shows three sales for 8 NEITHROP AVENUE 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 8 NEITHROP AVENUE 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
2023 15 AUG	£405,000	£556,409	27% below HPI
2009 27 MAR	£237,500	£294,239	19% below HPI
2001 16 NOV	£129,950	£215,284	40% below HPI

8 NEITHROP AVENUE 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 8 NEITHROP AVENUE sales between November 2001 and August 2023 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 March 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 NEITHROP AVENUE?

8 NEITHROP AVENUE is 125m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 8 NEITHROP AVENUE lies on this distribution: 67% of detached houses are smaller than 8 NEITHROP AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 NEITHROP AVENUE: Plot and Title Map

8 NEITHROP AVENUE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 8 NEITHROP AVENUE, 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 8 NEITHROP AVENUE). 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 8 NEITHROP AVENUE?

8 NEITHROP AVENUE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 8 on NEITHROP AVENUE.