83, CROMWELL ROAD, BANBURY, OX16 0HF - £223,000

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.

83 CROMWELL ROAD is a very small semi-detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £272,445. It was last sold for £223,000 in August 2018, which was around 24% below the average August 2018 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

83 CROMWELL ROAD Sold Prices

Land registry data shows four sales for 83 CROMWELL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the four 83 CROMWELL 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
2018 2 AUG	£223,000	£292,544	24% below HPI
2011 22 JUL	£146,000	£204,529	29% below HPI
2009 18 DEC	£134,000	£196,354	32% below HPI
2003 4 AUG	£77,000	£166,214	54% below HPI

83 CROMWELL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 83 CROMWELL ROAD sales between August 2003 and August 2018 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 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 83 CROMWELL ROAD be worth now?

83 CROMWELL ROAD might now be worth an estimated £272,445.

This is based on house price inflation of 22.2%, between August 2018 and October 2025, for semi-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 22.2% inflationary increase is applied to the most recent sale price for 83 CROMWELL ROAD of £223,000 on 2nd August 2018. For the value to have increased from £223,000 to £272,445 over the six years and ten months to October 2025, the following assumptions must hold true:

• The value of 83 CROMWELL ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The August 2018 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 83 CROMWELL ROAD has not materially changed since August 2018.

How Large is 83 CROMWELL ROAD?

83 CROMWELL ROAD is 72m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 83 CROMWELL ROAD lies on this distribution: 6% of semi-detached houses houses are smaller than 83 CROMWELL ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Banbury.

83 CROMWELL ROAD: Plot and Title Map

83 CROMWELL ROAD sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 83 CROMWELL 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 83 CROMWELL 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 83 CROMWELL ROAD?

83 CROMWELL ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 83 on CROMWELL ROAD.