11, WATTS ROAD, BANBURY, OX16 1BA - £325,000

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

11 WATTS ROAD is a small detached house of 90m². It was last sold for £325,000 in April 2020, which was around 31% below the average April 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

11 WATTS ROAD Sold Prices

Land registry data shows two sales for 11 WATTS ROAD 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 11 WATTS ROAD 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
2020 20 APR	£325,000	£473,281	31% below HPI
2017 16 JAN	£339,500	£468,413	28% below HPI

11 WATTS ROAD 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 11 WATTS ROAD sales from January 2017 and April 2020 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 January 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 WATTS ROAD?

11 WATTS ROAD is 90m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 11 WATTS ROAD lies on this distribution: 22% of detached houses are smaller than 11 WATTS ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Banbury.

11 WATTS ROAD: Plot and Title Map

11 WATTS ROAD sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 11 WATTS ROAD, 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 11 WATTS ROAD). 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 11 WATTS ROAD?

11 WATTS ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 11 on WATTS ROAD.