12, GUERNSEY WAY, BANBURY, OX16 1UE - £332,500

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

12 GUERNSEY WAY is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £332,500 in July 2023, which was around 40% below the average July 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

12 GUERNSEY WAY Sold Prices

Land registry data shows two sales for 12 GUERNSEY WAY 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 12 GUERNSEY WAY 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
2023 14 JUL	£332,500	£556,617	40% below HPI
2021 9 APR	£271,000	£488,313	45% below HPI

12 GUERNSEY WAY 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 12 GUERNSEY WAY sales from April 2021 and July 2023 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 April 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 12 GUERNSEY WAY?

12 GUERNSEY WAY is 84m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 12 GUERNSEY WAY lies on this distribution: 15% of detached houses are smaller than 12 GUERNSEY WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Banbury.

12 GUERNSEY WAY: Plot and Title Map

12 GUERNSEY WAY sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 12 GUERNSEY WAY, 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 12 GUERNSEY WAY). 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 12 GUERNSEY WAY?

12 GUERNSEY WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 12 on GUERNSEY WAY.