22, CAERNARVON WAY, BANBURY, OX16 0PQ - £265,000

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

22 CAERNARVON WAY is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £265,000 in August 2021, which was around 48% below the average August 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

22 CAERNARVON WAY Sold Prices

Land registry data shows four sales for 22 CAERNARVON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 22 CAERNARVON 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
2021 25 AUG	£265,000	£507,454	48% below HPI
2018 7 AUG	£205,000	£491,292	58% below HPI
2007 1 OCT	£164,000	£363,516	55% below HPI
2000 10 APR	£59,999	£179,973	67% below HPI

22 CAERNARVON 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 four 22 CAERNARVON WAY sales between April 2000 and August 2021 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 August 2018 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2021 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 22 CAERNARVON WAY?

22 CAERNARVON WAY is 83m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 22 CAERNARVON WAY lies on this distribution: 14% of detached houses are smaller than 22 CAERNARVON WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Banbury.

22 CAERNARVON WAY: Plot and Title Map

22 CAERNARVON WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 22 CAERNARVON 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 22 CAERNARVON 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 22 CAERNARVON WAY?

22 CAERNARVON WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 22 on CAERNARVON WAY.