12, QUEENSWAY, BANBURY, OX16 9LX - £410,000

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

12 QUEENSWAY is a very large detached house of 148m², built sometime between 1950 and 1966. It was last sold for £410,000 in August 2023, which was around 25% below the average August 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

12 QUEENSWAY Sold Prices

Land registry data shows two sales for 12 QUEENSWAY 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. One of the two 12 QUEENSWAY sales was for below the average price, whilst the other was 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
2023 11 AUG	£410,000	£549,837	25% below HPI
1998 31 JUL	£157,000	£141,819	11% above HPI

12 QUEENSWAY 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 QUEENSWAY sales from July 1998 and August 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 July 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 QUEENSWAY?

12 QUEENSWAY is 148m² according to the EPC inspection conducted in February 2023. 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 12 QUEENSWAY lies on this distribution: 86% of detached houses are smaller than 12 QUEENSWAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Banbury.

12 QUEENSWAY: Plot and Title Map

12 QUEENSWAY sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 12 QUEENSWAY, 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 QUEENSWAY). 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 QUEENSWAY?

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