Flat 2, 4 Merton Street, Banbury, OX16 4RP

Flat 2 is a two-bedroom mid-terrace house in Banbury (OX16 4RP). It has a recorded floor area of 42 m² (around 452 sq ft), construction records dating it to 1900-1929 and council tax band A. At 42 m² this is the smallest unit on EPC record across the building (42–53 m²). The building's EPC ratings span D to C, with this unit at the top. On EPC score it ranks first in the building (74 versus a worst of 63). The latest certificate (June 2022) shows a C (score 74). When first surveyed in June 2010 the rating was E, the property has climbed 2 bands since. Between certificates, window efficiency went from Average to Good, hot-water efficiency went from Very Poor to Good and main heating went from Poor to Good.

Sold September 2021 for £110,000. Across the public record there are 4 sales, relatively high churn for a single property. That sale was during the post-pandemic price surge, when transactions cleared materially above pre-2020 trend. Across 1999–2021, sale prices on this property compounded at 5.1% per year. Today's modelled estimate of £134,000 is 21.8% above the 2021 sale price. On a £-per-square-foot basis, the last sale (£243/sq ft) was about 116.7% above the typical sold price in the postcode. At 42 m² it's 20.8% smaller than the typical home in the postcode (53 m² median across 13 EPCs).