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According to the public record, 84, Lapsley Drive, Banbury is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 84, Lapsley Drive, Banbury is £204,911 and the estimated rental value is £993 per month.
Lapsley Drive, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
84, Lapsley Drive, Banbury has 2 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 84, Lapsley Drive, Banbury is in very good condition we estimate a sale value of £215,156 and a rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,567 and a rental value of £923 per month.
Over the last 12 months the sale value of 84 Lapsley Drive Banbury has decreased by an estimated £3,434 (1.7%) and its rental value has increased by an estimated £25 per month (2.5%), giving an expected gross yield of 5.8%.
84, Lapsley Drive, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 84, Lapsley Drive, Banbury was last sold on 9th May 2016 for £186,240 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 84, Lapsley Drive, Banbury within a radius of 870 metres over the last 2 years.
The most recent example is 16, Lord Fielding Close, Banbury, OX16 1GB, a leasehold flat which sold for £187,500 on the 7th August 2024.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lapsley Drive, Banbury, OX16 has a total of 81 addresses. According to our analysis of all the public data, 84, Lapsley Drive, Banbury is the 72nd largest and the 78th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in OX16.
The closest station to 84, Lapsley Drive, Banbury is Banbury station which is 2.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 84, Lapsley Drive, Banbury, 45.5% of property is privately owned with a mortgage and 20.2% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 84, Lapsley Drive, Banbury, 23.3% of residents are recorded as possessing school level qualifications and 33.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 84, Lapsley Drive, Banbury, the average age was 37.3 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 84, Lapsley Drive, Banbury, 1.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 84, Lapsley Drive, Banbury, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.