16, GILKES YARD, BANBURY, OX16 9GF - £352,500

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

16 GILKES YARD is a midsized extended detached house of 111m², built sometime between 2003 and 2006. It was last sold for £352,500 in December 2022, which was around 38% below the average December 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

16 GILKES YARD Sold Prices

Land registry data shows three sales for 16 GILKES YARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 16 GILKES YARD 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
2022 9 DEC	£352,500	£572,401	38% below HPI
2017 17 MAR	£250,000	£467,299	47% below HPI
2006 27 JAN	£175,000	£306,998	43% below HPI

16 GILKES YARD 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 three 16 GILKES YARD sales between January 2006 and December 2022 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 March 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 16 GILKES YARD?

16 GILKES YARD is 111m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 16 GILKES YARD lies on this distribution: 50% of detached houses are smaller than 16 GILKES YARD, and 49% of houses are larger. Note that EPC data is not available for all properties in Banbury.

16 GILKES YARD: Plot and Title Map

16 GILKES YARD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 16 GILKES YARD, 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 16 GILKES YARD). 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 16 GILKES YARD?

16 GILKES YARD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 16 on GILKES YARD.