5, Restel House South Street, Banbury, OX16 3LE is a leasehold flat built between 1967-1975. The property offers approximately 441 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 £106,644 , which equates to approximately £242 per square foot. It was last sold on 19 May 2023 for £106,000. Since then, the value has increased by £644, representing a 0.6% increase, or approximately 0.2% per year.

The current estimated value of £106,644 is:

  • 35.2% lower than the average property price on South Street
  • 27.2% higher than the average in the OX16 3LE postcode area
  • and 68.6% 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 13 May 2022, the property was recorded as rented.

View sold house prices in OX16 3LE

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
441 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£106,644
Price Per sq ft (estimate)
£242
Bedroom Count (estimate)
1 bedroom

EPC Summary

5, Restel House South Street, Banbury, Cherwell, Oxfordshire, OX16 3LE has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 May 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 14 Apr 2011. The rating of E is unchanged, though the energy efficiency score decreased by 2.4%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof energy efficiency changing from poor to very poor, with the construction or insulation remaining flat, limited insulation (assumed).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 80% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Sale History

Today
£106,644
streetscan.co.uk estimate
+1 %
19 May 2023
£106,000
Leasehold
+8.2 %
23 Feb 2016
£98,000
Leasehold
+15.3 %
11 Dec 2013
£85,000
Leasehold
-12.4 %
31 Aug 2007
£97,000
Leasehold

Area Insights

Similar Properties Sold Nearby

3, Restel House South Street, Banbury, OX16 3LE
rooms: 2
size: 431 sq ft
sale price: £110,000
sale date: 11 Mar 2021
2, Restel House South Street, Banbury, OX16 3LE
rooms: 2
size: 448 sq ft
sale price: £78,000
sale date: 23 Mar 2018
1, Restel House South Street, Banbury, OX16 3LE
rooms: 2
size: 441 sq ft
sale price: £68,000
sale date: 21 Nov 2012
4, Restel House South Street, Banbury, OX16 3LE
rooms: 2
size: 452 sq ft
sale price: £23,000
sale date: 27 Oct 1997
1, Setler House South Street, Banbury, OX16 3LD
rooms: 2
size: 474 sq ft
sale price: £120,000
sale date: 9 Mar 2023

Data Sources

The property at 5, Restel House South Street, Banbury, OX16 3LE appears four times in the Land Registry records, with the latest transaction recorded on 19 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 May 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.
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