MANDEL, MARGARET ROAD, TWYFORD, BANBURY, OX17 3JE - £415,000

MANDEL is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £415,000 in March 2023, which was around 27% below the average March 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

MANDEL Sold Prices

Land registry data shows four sales for MANDEL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four MANDEL 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 23 MAR	£415,000	£571,328	27% below HPI
2007 17 AUG	£285,000	£355,536	20% below HPI
2002 16 JAN	£180,000	£217,568	17% below HPI
1996 7 JUN	£67,000	£99,385	33% below HPI

MANDEL 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 four MANDEL sales between June 1996 and March 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 August 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is MANDEL?

MANDEL is 87m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Twyford, based on EPC data. The below chart shows the distribution of detached houses by size in Twyford, and where MANDEL lies on this distribution: 11% of detached houses are smaller than MANDEL, and 89% of houses are larger. Note that EPC data is not available for all properties in Twyford.

MANDEL: Plot and Title Map

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

MANDEL is located on MARGARET ROAD in TWYFORD, in the OX17 postcode district. The below map shows the position of MANDEL on MARGARET ROAD.