1, CHICHESTER WALK, BANBURY, OX16 1YP - £399,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CHICHESTER WALK is a midsized detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £470,134. It was last sold for £399,950 in February 2018, which was around 17% below the average February 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

1 CHICHESTER WALK Sold Prices

Land registry data shows two sales for 1 CHICHESTER WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 1 CHICHESTER WALK sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 16 FEB	£399,950	£484,099	17% below HPI
2000 11 AUG	£149,500	£198,080	25% below HPI

1 CHICHESTER WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 1 CHICHESTER WALK sales from August 2000 and February 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 1 CHICHESTER WALK be worth now?

1 CHICHESTER WALK might now be worth an estimated £470,134.

This is based on house price inflation of 17.5%, between February 2018 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for 1 CHICHESTER WALK of £399,950 on 16th February 2018. For the value to have increased from £399,950 to £470,134 over the seven years to February 2025, the following assumptions must hold true:

• The value of 1 CHICHESTER WALK has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2018 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 1 CHICHESTER WALK has not materially changed since February 2018.

How Large is 1 CHICHESTER WALK?

1 CHICHESTER WALK is 110m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 1 CHICHESTER WALK lies on this distribution: 48% of detached houses houses are smaller than 1 CHICHESTER WALK, and 50% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 CHICHESTER WALK: Plot and Title Map

1 CHICHESTER WALK sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 1 CHICHESTER WALK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CHICHESTER WALK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CHICHESTER WALK?

1 CHICHESTER WALK is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on CHICHESTER WALK.