24, Merisham Court School Lane, Banbury, OX16 2AT is a leasehold flat built between 2007-2011. The property offers approximately 527 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,848 , which equates to approximately £223 per square foot. It was last sold on 20 Sep 2023 for £115,000. Since then, the value has increased by £2,848, representing a 2.5% increase, or approximately 1.1% per year.

The current estimated value of £117,848 is:

  • 68.4% lower than the average property price on School Lane
  • 37.3% lower than the average in the OX16 2AT postcode area
  • and 65.3% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 15 July 2022, the property was recorded as owner-occupied.

View sold house prices in OX16 2AT

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£117,848
Price Per sq ft (estimate)
£223
Bedroom Count (estimate)
1 bedroom

EPC Summary

24, Merisham Court School Lane, Banbury, Cherwell, Oxfordshire, OX16 2AT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 15 Jul 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Apr 2009. The rating of B remains the same, but the energy efficiency score improved by 1.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to room heaters, electric, improving energy efficiency from n/a to very poor.
  • The hot water system was changed from sap05:hot-water to electric immersion, off-peak, with its energy efficiency improving from n/a to poor.
  • The roof construction or insulation changed from average thermal transmittance 0.11 w/m²k to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m²k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to OX16 2AT

17 th / 32
Price Rank
37% lower than average
15 th / 20
Size Rank
24% smaller than average
10 th / 20
Price Per Sq FT Rank
17% lower than average

Compared to other properties in OX16 2AT , this flat's estimated value ranks 17th out of 32. Based on price per square foot, it ranks 10th out of 20 properties. In terms of size, this home ranks 15th out of 20 properties in its postcode area.

Sale History

Today
£117,848
streetscan.co.uk estimate
+2 %
20 Sep 2023
£115,000
Leasehold
-17.8 %
25 Nov 2011
£139,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £108,000
sale date: 1 Nov 2024
rooms: 2
size: 495 sq ft
sale price: £130,000
sale date: 19 Feb 2024
rooms: 2
size: 538 sq ft
sale price: £95,000
sale date: 25 Jul 2023
rooms: 2
size: 463 sq ft
sale price: £110,000
sale date: 28 Feb 2023
rooms: 2
size: 484 sq ft
sale price: £100,000
sale date: 19 Nov 2021

Data Sources

The property at 24, Merisham Court School Lane, Banbury, OX16 2AT appears two times in the Land Registry records, with the latest transaction recorded on 20 Sep 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jul 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.