48 Parklands, Banbury, OX16 2SZ is a leasehold flat built between 1991-1995. The property offers approximately 409 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £152,769 , which equates to approximately £373 per square foot. It was last sold on 28 Sep 2001 for £62,000. Since then, the value has increased by £90,769, representing a 146.4% increase, or approximately 6.0% per year.

The current estimated value of £152,769 is:

  • 34.0% lower than the average property price on Parklands
  • 27.2% lower than the average in the OX16 2SZ postcode area
  • and 55.0% lower than the average price for Banbury as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 18 January 2022, the property was recorded as rented.

View sold house prices in OX16 2SZ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£152,769
Price Per sq ft (estimate)
£373
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Parklands, Banbury, Cherwell, Oxfordshire, OX16 2SZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Jan 2022.

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 30 Sep 2020, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from average to very good.
  • The windows were upgraded from fully double glazed to full secondary glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to OX16 2SZ

55 th / 61
Price Rank
27% lower than average
31 st / 51
Size Rank
26% smaller than average
49 th / 51
Price Per Sq FT Rank
2% lower than average

Compared to other properties in OX16 2SZ , this flat's estimated value ranks 55th out of 61. Based on price per square foot, it ranks 49th 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 31th out of 51 properties in its postcode area.

Sale History

Today
£152,769
streetscan.co.uk estimate
+146 %
28 Sep 2001
£62,000
Leasehold
+65.3 %
31 Jul 1998
£37,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £134,500
sale date: 5 Sep 2025
rooms: 2
size: 377 sq ft
sale price: £157,000
sale date: 31 Jan 2025
rooms: 2
size: 398 sq ft
sale price: £130,000
sale date: 12 Jun 2024
rooms: 2
size: 355 sq ft
sale price: £115,000
sale date: 31 Mar 2023
rooms: 2
size: 388 sq ft
sale price: £135,000
sale date: 9 Dec 2022

Data Sources

The property at 48 Parklands, Banbury, OX16 2SZ appears two times in the Land Registry records, with the latest transaction recorded on 28 Sep 2001. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jan 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.