Flat 2, 5 Merton Street, Banbury, OX16 4RP
About Flat 2
Flat 2 is a mid-terrace house in Banbury (OX16 4RP). It has a recorded floor area of 76 m² (around 818 sq ft), construction records dating it to 1900-1929 and council tax band A. The latest certificate (June 2020) shows a C (score 80), near the top of the C band. When first surveyed in October 2018 the rating was D, the property has climbed 1 band since. Between certificates, wall efficiency went from Very Poor to Good, window efficiency went from Poor to Good and hot-water efficiency went from Very Poor to Good.
It hasn't traded since June 1999, a hold of 27 years that's notably long for the area. At 76 m² the property is well over the postcode median (48 m² across 13 EPCs), placing it in the larger end of the local stock. Across 1997–1999, sale prices on this property compounded at 22.6% per year. Today's modelled estimate of £166,000 sits 277.3% above the 1999 sale of £44,000. On a £-per-square-foot basis, the last sale (£54/sq ft) was about 60.5% below the postcode norm.
Energy performance
EPC Rating
Property Improvements
Changes detected from historical EPC data
Replaced storage heaters with gas boiler
Connected to mains gas supply
Heating controls upgraded for better temperature management
Hot water system upgraded
Windows upgraded, improving insulation
Wall insulation improved
Get a survey for this property
Level 3 Building Survey
Because the property was built before 1919 and has solid (non-cavity) walls, we believe a Level 3 building survey should be considered.
From £820 · Includes VAT
Planning history
Flat 2 has no planning applications on record.
But the area is active
4 notable applications nearby — larger schemes and conversions that could reshape the street. The report maps them all.
Sales history & valuation
Flat 2's modelled value sits at over four times its earliest registered sale price (1997).
£166,000
Modelled from EPC, postcode comparables and a sale-price growth of 22.6% per year over 2 years.
£44,000
Growth on file: 22.6% per year over 2 years.
Sales timeline
10 June 1999Most recent
£44,000
+60.0%over 2 years17 February 1997
£27,500
Median price across the last 5 sales in OX16 4RP: £111,000 (2025–2018).
Nearby sales in OX16 4RP
Heyford House, Flat 1, 7 Merton Street, Banbury, OX16 4RP
Sold Aug 2025
£141,000Flat 2, 4 Merton Street, Banbury, OX16 4RP
Sold Sept 2021
£110,000Flat 1, 4 Merton Street, Banbury, OX16 4RP
Sold Sept 2021
£135,000Heyford House, Flat 6, 7 Merton Street, Banbury, OX16 4RP
Sold Sept 2021
£111,000Flat 3, 4 Merton Street, Banbury, OX16 4RP
Sold Dec 2018
£107,000
Versus other Merton Street homes
On price per m², Flat 2 runs well behind the street norm.
Price per m²
£579
Street avg £2,194
Floor Area
76 m²
Street avg 47 m²
Habitable Rooms
3 rooms
Street avg 2 rooms
CO₂ Emissions
1.6 t/year
Street avg 3.3 t/year
Similar properties nearby
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Aston House 8 10, Flat 5, Merton Street
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Aston House 8 10, Flat 1, Merton Street
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Chiltern House, Flat 1, Merton Street
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The neighbourhood at a glance
Rail-style transport is unusually close for this postcode.
Crime
8/mo
Rising year-on-year across the wider district.
Nearest stop
0.1 km
Merton Street Mosque — bus stop.
Closest school
0.2 km
Dashwood Banbury Academy. 19 schools nearby.
Go deeper on the local area
A Local Area report breaks down crime, transport links, schools and air quality in depth.
Road noise across the postcode

Daytime· 07:00 – 23:00
52.4dB

Night-time· 23:00 – 07:00
42.4dB







