MANDALAY, WYKHAM LANE, BROUGHTON, BANBURY, OX15 5DT - £355,000

MANDALAY is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £355,000 in September 2020, which was around 27% below the average September 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

MANDALAY Sold Prices

Land registry data shows two sales for MANDALAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two MANDALAY 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 25 SEP	£355,000	£485,460	27% below HPI
2016 9 DEC	£275,000	£470,001	41% below HPI

MANDALAY 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 two MANDALAY sales from December 2016 and September 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 December 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is MANDALAY?

MANDALAY is 67m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Broughton, and where MANDALAY lies on this distribution: 3% of detached houses are smaller than MANDALAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Broughton.

MANDALAY: Plot and Title Map

MANDALAY sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of MANDALAY, 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 MANDALAY). 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 MANDALAY?

MANDALAY is located on WYKHAM LANE in BROUGHTON, in the OX15 postcode district. The below map shows the position of MANDALAY on WYKHAM LANE.