54 Padbury Drive, Banbury, OX16 4QT is a leasehold flat built between 1996-2002. The property offers approximately 829 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £162,534 , which equates to approximately £196 per square foot. It was last sold on 15 Oct 2019 for £137,000. Since then, the value has increased by £25,534, representing a 18.6% increase, or approximately 3.0% per year.

The current estimated value of £162,534 is:

  • 32.2% lower than the average property price on Padbury Drive
  • 18.4% lower than the average in the OX16 4QT postcode area
  • and 52.1% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 8 October 2020, the property was recorded as owner-occupied.

View sold house prices in OX16 4QT

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
829 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£162,534
Price Per sq ft (estimate)
£196
Bedroom Count (estimate)
2 bedrooms

EPC Summary

54 Padbury Drive, Banbury, Cherwell, Oxfordshire, OX16 4QT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Oct 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Feb 2019, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 20.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to OX16 4QT

26 th / 27
Price Rank
18% lower than average
9 th / 25
Size Rank
3% bigger than average
23 rd / 25
Price Per Sq FT Rank
21% lower than average

Compared to other properties in OX16 4QT , this flat's estimated value ranks 26th out of 27. Based on price per square foot, it ranks 23th out of 25 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 9th out of 25 properties in its postcode area.

Sale History

Today
£162,534
streetscan.co.uk estimate
+19 %
15 Oct 2019
£137,000
Leasehold

Area Insights

Similar Properties Sold Nearby

52 Padbury Drive, Banbury, OX16 4QT
rooms: 3
size: 797 sq ft
sale price: £173,000
sale date: 14 Oct 2022
28 Padbury Drive, Banbury, OX16 4QT
rooms: 3
size: 707 sq ft
sale price: £164,000
sale date: 19 May 2017
48 Padbury Drive, Banbury, OX16 4QT
rooms: 3
size: 775 sq ft
sale price: £155,000
sale date: 5 Feb 2016
25 Padbury Drive, Banbury, OX16 4TG
rooms: 3
size: 764 sq ft
sale price: £175,000
sale date: 27 Aug 2024
27 Padbury Drive, Banbury, OX16 4TG
rooms: 3
size: 742 sq ft
sale price: £148,000
sale date: 30 Jun 2021

Data Sources

The property at 54 Padbury Drive, Banbury, Cherwell, Oxfordshire, OX16 4QT appears once in the Land Registry records, with the transaction recorded on 15 Oct 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Oct 2020. 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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