Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 WALLER DRIVE is a very large detached house of 145m², built sometime between 1983 and 1990. It was last sold for £431,500 in February 2015, which was around 4% above the average February 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 WALLER DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 1 WALLER DRIVE sales were for above 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 |
---|---|---|---|
2015 20 FEB | £431,500 | £415,402 | 4% above HPI |
2001 26 OCT | £269,900 | £209,573 | 29% above HPI |
1995 24 NOV | £149,500 | £97,408 | 53% above HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 1 WALLER DRIVE sales between November 1995 and February 2015 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 October 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
1 WALLER DRIVE is 145m² according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 1 WALLER DRIVE lies on this distribution: 85% of detached houses are smaller than 1 WALLER DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Banbury.
1 WALLER DRIVE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 1 WALLER DRIVE, 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 WALLER DRIVE). 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.
1 WALLER DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on WALLER DRIVE.