12, MEADOWSWEET WAY, BANBURY, OX16 1WE - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MEADOWSWEET WAY is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £350,000 in June 2017, which was around 27% below the average June 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

12 MEADOWSWEET WAY Sold Prices

Land registry data shows two sales for 12 MEADOWSWEET 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 MEADOWSWEET 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
2017 29 JUN	£350,000	£476,287	27% below HPI
2006 13 SEP	£275,000	£331,722	17% below HPI

12 MEADOWSWEET 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 MEADOWSWEET WAY sales from September 2006 and June 2017 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 September 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 MEADOWSWEET WAY?

12 MEADOWSWEET WAY is 122m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% 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 MEADOWSWEET WAY lies on this distribution: 64% of detached houses are smaller than 12 MEADOWSWEET WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Banbury.

12 MEADOWSWEET WAY: Plot and Title Map

12 MEADOWSWEET WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 12 MEADOWSWEET 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 MEADOWSWEET 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 MEADOWSWEET WAY?

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