# 2 bedroom terraced house for sale (OX16 1EB) ## Property Details | Key | Value | |-----|-------| | Address | 24 DAIMLER AVENUE, BANBURY, OXFORDSHIRE OX16 1EB | | Price | £235,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 1976-1982 | | Floor area | 62 m² | | Last sold | £235,000 Nov 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Current heating cost:** £353/year - **Est. upgrade cost to C:** £10,523 ### Recommendations - B (£500 - £1,500) - C (£15 - £30) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8771-6623-7800-5592-6922) ## Description A good size two-bedroom terraced house with a private rear garden and a garage with parking. Pleasant tucked away location on the northern side of town. ## Property Photos - ![Photo 1](/listings/photos/151360433/451495) - Photo 1 - ![Photo 13](/listings/photos/151360433/451496) - Photo 13 - ![Photo 6](/listings/photos/151360433/451497) - Photo 6 - ![Photo 4](/listings/photos/151360433/451498) - Photo 4 - ![Photo 3](/listings/photos/151360433/451499) - Photo 3 - ![Photo 15](/listings/photos/151360433/451500) - Photo 15 - ![Photo 8](/listings/photos/151360433/451501) - Photo 8 - ![Photo 12](/listings/photos/151360433/451502) - Photo 12 - ![Photo 10](/listings/photos/151360433/451503) - Photo 10 - ![Photo 14](/listings/photos/151360433/451504) - Photo 14 - ![Photo 5](/listings/photos/151360433/451505) - Photo 5 - ![Photo 7](/listings/photos/151360433/451506) - Photo 7 - ![Photo 9](/listings/photos/151360433/451507) - Photo 9 - ![Photo 11](/listings/photos/151360433/451508) - Photo 11 - ![Photo 16](/listings/photos/151360433/451509) - Photo 16 - ![Photo 2](/listings/photos/151360433/451510) - Photo 2 ## Floorplans - ![Floorplan 1](/listings/photos/151360433/451511) - Floorplan 1 ## EPC Graphs - ![Energy Performance Certificate](/listings/photos/151360433/451512) - Energy Performance Certificate ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #3016196 - **Address:** 24 Daimler Avenue, BANBURY, OX16 1EB - **Certificate Issued:** 05/09/2005 - **Work Completed:** 12/08/2005 - **Items:** 6 window(s), 2 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 24 DAIMLER AVENUE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1EB | £235,000 | 22/11/2024 | Terraced | | 24 DAIMLER AVENUE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1EB | £190,000 | 15/09/2017 | Terraced | | 24 DAIMLER AVENUE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1EB | £137,000 | 13/12/2011 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 13 ANGUS CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UQ | £250,000 | 09/01/2026 | Terraced | | 35 DEVON WAY, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UJ | £210,000 | 22/12/2025 | Terraced | | 56 DAIMLER AVENUE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DF | £253,000 | 19/12/2025 | Terraced | | 13 LANCHESTER DRIVE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DT | £260,000 | 18/07/2025 | Terraced | | 33 DAIMLER AVENUE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DF | £260,000 | 11/08/2023 | Terraced | | 9 BEDFORD CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1PA | £183,000 | 26/05/2023 | Terraced | | 48 RILEY DRIVE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DS | £240,000 | 09/09/2022 | Terraced | | 11 RED POLL CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UG | £265,000 | 19/08/2022 | Terraced | | 24 HUMBER WALK, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1EA | £255,000 | 01/08/2022 | Terraced | | 12 LANCHESTER DRIVE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DT | £245,000 | 01/07/2022 | Terraced | | 6 LANCHESTER DRIVE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DT | £235,000 | 13/06/2022 | Terraced | | 56 DAIMLER AVENUE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DF | £207,500 | 27/05/2022 | Terraced | | 12 ANGUS CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UQ | £240,000 | 11/03/2022 | Terraced | | 17 RED POLL CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UG | £192,000 | 03/03/2022 | Terraced | | [Same street] 42 DAIMLER AVENUE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1EB | £230,000 | 23/02/2022 | Terraced | | 64 RILEY DRIVE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1DS | £220,000 | 15/02/2022 | Terraced | | 40A DEVON WAY, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UJ | £185,000 | 04/02/2022 | Terraced | | 36 DEVON WAY, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UJ | £230,000 | 28/01/2022 | Terraced | | 37 CHETWODE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1QW | £100,000 | 03/12/2021 | Terraced | | 40 DEVON WAY, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UJ | £247,000 | 30/11/2021 | Terraced | | 15 RED POLL CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UG | £215,000 | 03/09/2021 | Terraced | **Street average:** £230,000 (1 sale) **Area average:** £224,625 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £240,432 (52 Terraced, OX16, 2024–2026) - **Deviation:** -2.3% ## Rental Range *ONS Price Index of Private Rents (Cherwell). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,160/mo - **Realistic:** £1,289/mo - **Optimistic:** £1,418/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Cherwell Valley (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Glyndebourne Gardens, OX16 | £1,150/mo | 2 | 0.21 miles | OpenRent | | 2 Bed Semi-Detached House, Dover Avenue, OX16 | £1,400/mo | 2 | 0.81 miles | OpenRent | **Average rent: £1,275/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.54% (weak for cashflow) - **Max investor price (0.8%):** £159,375 - **Target investor price (1%):** £127,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,275/mo).* - **Gross yield:** 6.5% - **Cost-to-rent:** 15.4× - **Monthly cashflow:** £197/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3.5% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £3,790/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 5.8% - **10y growth:** -1.8% ## House Price Index (HM Land Registry) *Official index for Cherwell; Terraced series; as of February 2026.* - **1y growth (index):** 1.5% - **5y growth (index):** 15.5% - **10y growth (index):** 25.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)