2, WINTER GARDENS WAY, BANBURY, OX16 1UT - £340,000

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

2 WINTER GARDENS WAY is a small detached house of 95m², built sometime between 2003 and 2006. It was last sold for £340,000 in February 2023, which was around 41% below the average February 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 WINTER GARDENS WAY Sold Prices

Land registry data shows two sales for 2 WINTER GARDENS 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 2 WINTER GARDENS 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 16 FEB	£340,000	£575,344	41% below HPI
2004 20 DEC	£185,000	£300,255	38% below HPI

2 WINTER GARDENS 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 2 WINTER GARDENS WAY sales from December 2004 and February 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 December 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 WINTER GARDENS WAY?

2 WINTER GARDENS WAY is 95m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 2 WINTER GARDENS WAY lies on this distribution: 30% of detached houses are smaller than 2 WINTER GARDENS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 WINTER GARDENS WAY: Plot and Title Map

2 WINTER GARDENS WAY sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 2 WINTER GARDENS 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 2 WINTER GARDENS 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 2 WINTER GARDENS WAY?

2 WINTER GARDENS WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 2 on WINTER GARDENS WAY.