21, TIMMS ROAD, BANBURY, OX16 9DL - £290,000

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

21 TIMMS ROAD is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £290,000 in March 2022, which was around 46% below the average March 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

21 TIMMS ROAD Sold Prices

Land registry data shows three sales for 21 TIMMS ROAD 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 21 TIMMS ROAD 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 25 MAR	£290,000	£541,642	46% below HPI
2016 19 FEB	£255,000	£454,928	44% below HPI
2015 24 APR	£205,000	£427,894	52% below HPI

21 TIMMS ROAD 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 21 TIMMS ROAD sales between April 2015 and March 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 February 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 21 TIMMS ROAD?

21 TIMMS ROAD is 55m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 21 TIMMS ROAD lies on this distribution: 1% of detached houses are smaller than 21 TIMMS ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

21 TIMMS ROAD: Plot and Title Map

21 TIMMS ROAD sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 21 TIMMS ROAD, 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 21 TIMMS ROAD). 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 21 TIMMS ROAD?

21 TIMMS ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 21 on TIMMS ROAD.