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Edge Hill Lane, Edgehill, Banbury - Image 1
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Edge Hill Lane, Edgehill, Banbury

South East

£725,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom detached bungalow is situated on a generous plot in the desirable village of Edgehill, presenting an excellent opportunity for renovation and potential development. While the property requires modernisation, its size and location lend themselves well to various improvement possibilities. With appropriate planning permission, there may be scope to create multiple detached homes on this plot, with estimated gross development values reaching between £2.8 million and £3.5 million. The bungalow features an entrance hall leading to a spacious lounge with dual aspect windows and a fireplace, a separate reception room, and a functional kitchen with access to the side of the property. The two bedrooms come equipped with built-in wardrobes, while the bathroom contains essential fittings that may need updating. An outhouse adjacent to the side door includes an external toilet and basin, expanding the utility of the outdoor space. Notably, the vendor has indicated low water pressure within the property, which could require attention during renovations. Edgehill itself is rich in history and charm, known for its scenic views and close-knit community. This property not only offers immediate refurbishment potential but also serves as a strategic investment for future residential development in a sought-after area.

Investment Analysis

(OX15 area)
Area Average
£388/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (OX15)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -12.1%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on OX15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Edge Hill Lane, Edgehill, Banbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,568
Based on a loan of £543,750 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-9.4% since listed
£725,000£75,000(-9.4%)
28/12/2025
Current price
£800,000Initial listing
03/10/2025

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