Grasmere, Banbury
Grasmere, Banbury
Description & Estimates
Grasmere, Banbury is recorded publicly as a mid-century freehold house across 1,969 ft2 of internal area, sitting on a 867 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Grasmere, Banbury is £752,854 and its rental estimate is £2,325 per month, given the available information and assuming reasonable condition.
Chapel Lane, Bodicote, Banbury, OX15 falls within the OX15 postal district, in the borough of Cherwell.
Our Data Sources
Grasmere, Banbury has 21 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated March 2018.
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 Grasmere, Banbury, we estimate a market value of £790,497 and a rental value of £2,441 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £700,154 and £2,162 per month respectively.
Recent Market Change
Over the last year, Grasmere, Banbury has seen its estimated sale value decline by £14,329 (1.9%) and its estimated rental value climb by £44 per month (1.9%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for Grasmere, Banbury as measuring 867 m2.
That makes it the 8th largest plot in the postcode, where 15 of the 16 other houses have recorded plot data.
Energy Efficiency
Grasmere, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2018.
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 Grasmere, Banbury completed on 24th August 2018 at £600,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 42.0% over the period since August 2018.
- Sold Aug 2018£600,000
- Sold Feb 2005£317,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Grasmere, Banbury have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2022, was 1, Deers Farm, Banbury, OX15 4DS, a freehold house which sold for £799,950.
Read more about house prices in OX15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 22 addresses on Chapel Lane, Bodicote, Banbury, OX15, Grasmere, Banbury comes out as the 8th largest and the 5th most expensive in our analysis of the public data.
It is also £258k more expensive than the average property across the OX15 district.
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Schools Nearby
- 400mBishop Loveday Church of England Primary School
- 800mLongford Park Primary School
- 1.3kmThe Grange Community Primary School
- 1.4kmBlessed George Napier Catholic School and Sixth Form
- 1.7kmWykham Park
- 1.7kmFutures Institute Banbury
More reading links
Public Transport Nearby
From Grasmere, Banbury, the nearest station is Banbury, 2.5 kilometres away.
- 2.5kmBanbury
- 3.7kmKings Sutton
- 13.3kmHeyford
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.
