11, Lapsley Drive
11, Lapsley Drive
Description & Estimates
11, Lapsley Drive, Banbury is recorded publicly as a modern Leasehold apartment across 724 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 11, Lapsley Drive, Banbury is £232,516 and its rental estimate is £1,138 per month, given the available information and assuming reasonable condition.
Lapsley Drive, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
11, Lapsley Drive, Banbury has 21 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated February 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Lapsley Drive, Banbury, we estimate a market value of £244,142 and a rental value of £1,195 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £216,240 and £1,058 per month respectively.
Recent Market Change
Over the last year, 11, Lapsley Drive, Banbury has seen its estimated sale value decline by £3,897 (1.7%) and its estimated rental value climb by £29 per month (2.5%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
11, Lapsley Drive, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Lapsley Drive, Banbury completed on 2nd March 2012 at £166,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 20.7% over the period since March 2012.
- Sold Mar 2012£166,000
- Sold Apr 2003£112,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Lapsley Drive, Banbury have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 83, Winter Gardens Way, Banbury, OX16 1WG, a leasehold flat which sold for £195,000.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 81 addresses on Lapsley Drive, Banbury, OX16, 11, Lapsley Drive, Banbury comes out as the 74th largest and the 73rd most expensive in our analysis of the public data.
It is also £53k less expensive than the average property across the OX16 district.
More reading links
Schools Nearby
- 400mHanwell Fields Community School
- 700mCherry Fields Primary School
- 1.2kmHardwick Primary School and Nursery
- 2.0kmNorth Oxfordshire Academy
- 3.5kmFutures Institute Banbury
- 3.5kmWykham Park
More reading links
Public Transport Nearby
From 11, Lapsley Drive, Banbury, the nearest station is Banbury, 2.5 kilometres away.
- 2.5kmBanbury
- 7.9kmKings Sutton
- 18.3kmHeyford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
