12, WALLER DRIVE, BANBURY, OX16 9NR - £250,000

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 WALLER DRIVE is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £250,000 in February 2024, which was around 54% below the average February 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

12 WALLER DRIVE Sold Prices

Land registry data shows five sales for 12 WALLER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Most of the five 12 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
2024 23 FEB	£250,000	£545,091	54% below HPI
2006 6 JAN	£298,000	£306,998	3% below HPI
2001 30 MAR	£197,000	£194,342	1% above HPI
1997 16 MAY	£123,000	£108,242	14% above HPI
1995 20 MAR	£111,000	£94,954	17% above HPI

12 WALLER DRIVE 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 five 12 WALLER DRIVE sales between March 1995 and February 2024 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 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2024 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 12 WALLER DRIVE?

12 WALLER DRIVE is 109m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 50% 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 WALLER DRIVE lies on this distribution: 46% of detached houses are smaller than 12 WALLER DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Banbury.

12 WALLER DRIVE: Plot and Title Map

12 WALLER DRIVE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 12 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 12 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.

Where is 12 WALLER DRIVE?

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