# 3 bedroom semi-detached house for sale (OX16 1US) ## Property Details | Key | Value | |-----|-------| | Address | 4 PARSLEY PLACE, BANBURY, OXFORDSHIRE OX16 1US | | Price | £325,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | D | | Construction age | England and Wales: 2003-2006 | | Floor area | 120 m² | | Last sold | £320,000 Oct 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Current heating cost:** £562/year - **Est. upgrade cost to C:** £11,575 ### Recommendations - E (£75) - N (£4,000 - £6,000) - U (£5,000 - £8,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8700-9454-6729-6926-3863) ## Description This spacious three-bedroom semi-detached house in Hanwell Fields, is spread over three stories and features a rear garden along with a carport. It is conveniently located near several parks and primary schools, and the train station is only a few miles away, providing a mainline service to London Marylebone. The M40 is also easily accessible, along with the various shops and amenities the town has to offer. On the ground floor, you'll find a large open-plan kitchen and dining room, a utility room, a downstairs cloakroom, and a useful storage cupboard. The first floor includes a generous sitting room with windows at the front and rear, two bedrooms, and a family bathroom. The top floor comprises the main bedroom, which features four built-in wardrobes, and a mezzanine area above the lounge that could serve as a dressing area or study. This level also has access to an en-suite shower room. Outside, there is an enclosed rear garden with a patio and lawn, as well as a carport with a driveway in front. **Banbury** - Banbury is a historic market town on the River Cherwell in Oxfordshire. Conveniently located with the M40 (Jct 11 - 2 miles), Oxford (23 miles), Birmingham (43 miles) & London (78 miles). There are regular trains from Banbury (London/Marylebone (55 mins). The town is well-served by a range of shops and facilities and there is local schooling in the area to include St. Johns Priory Prep School, Tudor Hall (girls) & Bloxham Public School. **Additional Information** - Tenure: We understand that the property is for sale Freehold. Local Authority: Cherwell District Council Council Tax Band: We understand that the Council Tax Band for the property is Band D. EPC Rating: C Mains water, gas, drainages and electric are connected to the property. Interested parties are advised to make their own enquiries and investigations before finalising their offer to purchase. **Agents Notes** - (i) All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending buyers should not rely on them as statements of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (ii) Floorplans shown are for general guidance only. Whilst every attempt has been made to ensure that the floorplan measurements are as accurate as possible, they are for illustrative purposes only. ## Property Photos - ![1](/listings/photos/166320761/383944) - 1 - ![5](/listings/photos/166320761/383945) - 5 - ![6R1A3553.jpeg](/listings/photos/166320761/383946) - 6R1A3553.jpeg - ![2](/listings/photos/166320761/383947) - 2 - ![3](/listings/photos/166320761/383948) - 3 - ![4](/listings/photos/166320761/383949) - 4 - ![6R1A3547-HDR.jpeg](/listings/photos/166320761/383950) - 6R1A3547-HDR.jpeg - ![6R1A3568-HDR.jpeg](/listings/photos/166320761/383951) - 6R1A3568-HDR.jpeg - ![6R1A3573.jpeg](/listings/photos/166320761/383952) - 6R1A3573.jpeg - ![10](/listings/photos/166320761/383953) - 10 - ![6R1A3438.jpeg](/listings/photos/166320761/383954) - 6R1A3438.jpeg - ![6](/listings/photos/166320761/383955) - 6 - ![8](/listings/photos/166320761/383956) - 8 - ![6R1A3463.jpeg](/listings/photos/166320761/383957) - 6R1A3463.jpeg - ![9](/listings/photos/166320761/383958) - 9 - ![6R1A3418.jpeg](/listings/photos/166320761/383959) - 6R1A3418.jpeg - ![6R1A3538.jpeg](/listings/photos/166320761/383960) - 6R1A3538.jpeg - ![7](/listings/photos/166320761/383961) - 7 - ![6R1A3493.jpeg](/listings/photos/166320761/383962) - 6R1A3493.jpeg - ![9](/listings/photos/166320761/383963) - 9 - ![6R1A3508.jpeg](/listings/photos/166320761/383964) - 6R1A3508.jpeg - ![11](/listings/photos/166320761/383965) - 11 - ![6R1A3593.jpeg](/listings/photos/166320761/383966) - 6R1A3593.jpeg - ![12](/listings/photos/166320761/383967) - 12 - ![6R1A3623.jpeg](/listings/photos/166320761/383968) - 6R1A3623.jpeg ## Floorplans - ![Floorplan- 4 Parsley Place.jpg](/listings/photos/166320761/383969) - Floorplan- 4 Parsley Place.jpg ## EPC Graphs - ![EE Rating](/listings/photos/166320761/383970) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 4 PARSLEY PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1US | £320,000 | 24/10/2025 | Semi-detached | | 4 PARSLEY PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1US | £239,950 | 24/02/2006 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 27 PARSLEY PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1US | £205,000 | 21/07/2023 | Semi-detached | | 54 SAGE CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UU | £275,000 | 14/07/2023 | Semi-detached | | THE LOOKOUT, 13 CHAMOMILE PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1WW | £330,000 | 27/02/2023 | Semi-detached | | 12 JERSEY DRIVE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UH | £255,000 | 23/09/2022 | Semi-detached | | 19 WINTER GARDENS WAY, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UX | £318,500 | 08/08/2022 | Semi-detached | | 52 SAGE CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UU | £295,000 | 21/07/2022 | Semi-detached | | 55 WINTER GARDENS WAY, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UX | £315,000 | 29/06/2022 | Semi-detached | | 42 HEREFORD WAY, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1UD | £235,000 | 19/04/2022 | Semi-detached | | 90 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £151,964 | 31/03/2022 | Semi-detached | | 92 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £151,964 | 31/03/2022 | Semi-detached | | 86 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £330,000 | 18/03/2022 | Semi-detached | | 84 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £330,000 | 18/03/2022 | Semi-detached | | 82 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £323,000 | 25/02/2022 | Semi-detached | | [Same street] 17 PARSLEY PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1US | £290,000 | 07/02/2022 | Semi-detached | | 125 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £286,000 | 17/12/2021 | Semi-detached | | 129 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £315,000 | 17/12/2021 | Semi-detached | | 11 HANA CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1JQ | £232,000 | 17/12/2021 | Semi-detached | | 127 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £284,000 | 16/12/2021 | Semi-detached | | 38 THYME CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1WH | £412,000 | 15/12/2021 | Semi-detached | | 2 HANA CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1JQ | £151,964 | 07/12/2021 | Semi-detached | | 3 WINCHELSEA CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1XS | £297,000 | 08/10/2021 | Semi-detached | | 123 NICKLING ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1BB | £317,500 | 30/09/2021 | Semi-detached | | [Same street] 23 PARSLEY PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1US | £207,000 | 24/09/2021 | Other | | [Same street] 27 PARSLEY PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1US | £180,000 | 16/07/2021 | Semi-detached | | [Same street] 7 PARSLEY PLACE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 1US | £280,000 | 09/07/2021 | Semi-detached | **Street average:** £232,400 (5 sales) **Area average:** £280,295 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £307,203 (51 Semi-detached, OX16, 2024–2026) - **Deviation:** +5.8% ## 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):** £1,182/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 | |------|------|------|------|------| | 3 Bed Terraced House, Guernsey Way, OX16 | £1,350/mo | 3 | 0.17 miles | OpenRent | | 3 Bed Terraced House, Sussex Drive, OX16 | £1,300/mo | 3 | 0.34 miles | OpenRent | **Average rent: £1,325/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.41% (weak for cashflow) - **Max investor price (0.8%):** £165,625 - **Target investor price (1%):** £132,500 *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 £1,325/mo).* - **Gross yield:** 4.9% - **Cost-to-rent:** 20.4× - **Monthly cashflow:** £-112/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.4% *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:** £2,708/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 19.6% - **10y growth:** 25.8% ## House Price Index (HM Land Registry) *Official index for Cherwell; Semi-detached series; as of March 2026.* - **1y growth (index):** 2.7% - **5y growth (index):** 19.2% - **10y growth (index):** 27.4% ## 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)