40 Parklands, Banbury, OX16 2SZ is a leasehold flat built between 1996-2002. The property offers approximately 452 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £139,842 , which equates to approximately £309 per square foot. It was last sold on 19 Mar 1999 for £39,995. Since then, the value has increased by £99,847, representing a 249.6% increase, or approximately 9.3% per year.

The current estimated value of £139,842 is:

  • 39.5% lower than the average property price on Parklands
  • 33.4% lower than the average in the OX16 2SZ postcode area
  • and 58.8% lower than the average price for Banbury as a whole

View sold house prices in OX16 2SZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
452 sq ft
Tenure
Leasehold
Price (estimate)
£139,842
Price Per sq ft (estimate)
£309
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Parklands, Banbury, Cherwell, Oxfordshire, OX16 2SZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Jul 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 18 Jun 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The windows were upgraded from fully double glazed to full secondary glazing.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to OX16 2SZ

61 st / 61
Price Rank
33% lower than average
24 th / 51
Size Rank
18% smaller than average
51 st / 51
Price Per Sq FT Rank
19% lower than average

Compared to other properties in OX16 2SZ , this flat's estimated value ranks 61th out of 61. Based on price per square foot, it ranks 51th out of 51 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 24th out of 51 properties in its postcode area.

Sale History

Today
£139,842
streetscan.co.uk estimate
+250 %
19 Mar 1999
£39,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £130,000
sale date: 12 Jun 2024
rooms: 2
size: 388 sq ft
sale price: £135,000
sale date: 9 Dec 2022
rooms: 2
size: 388 sq ft
sale price: £125,000
sale date: 16 Dec 2020
rooms: 2
size: 409 sq ft
sale price: £136,500
sale date: 25 Aug 2017
rooms: 2
size: 398 sq ft
sale price: £103,000
sale date: 26 Jun 2015

Data Sources

The property at 40 Parklands, Banbury, Cherwell, Oxfordshire, OX16 2SZ appears once in the Land Registry records, with the transaction recorded on 19 Mar 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jul 2019. 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.