2 Lanchester Drive

    2, LANCHESTER DRIVE, BANBURY, BANBURY, OX16 1DT

    This semi-detached freehold property on Lanchester Drive last sold in April 2002 for £108,000. Based on price growth in the OX16 district since then, its estimated current value is £278,274 — placing it in the 44th percentile nationally and the 45th percentile within OX16. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,992 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £108,000

    Apr 2002

    Estimated Valuation

    £278,274

    Est. £/sq ft

    £278/sq ft

    £2,992/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,001 sq ft (93 m²)
    EPC dateApr 2026
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2002

    £108,000

    Key Metrics

    Estimated valuation£278,274
    Value per sq ft / m²£278/sq ft (£2,992/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OX16 district percentile45th percentile
    National percentile44th percentile

    District Context — OX16

    OX16 covers Banbury and surrounding areas in north Oxfordshire, positioned between the Midlands and the Home Counties. It is a market town setting with a mixed demographic and employment base, offering moderate affordability relative to wider Oxfordshire.

    Average Property Price - OX16

    £308,904

    45

    National percentile

    Average Net Household Income - OX16

    £39,200

    55

    National percentile

    10-Year Annualised Price Growth - OX16

    4.1%

    71

    National percentile

    10-Year Annualised Rent Growth - OX

    3.7%

    41

    National percentile

    View full analysis for OX16

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