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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 CAERNARVON WAY is a very small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £301,547. It was last sold for £265,000 in August 2021, which was around 47% 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	£500,082	47% below HPI
2018 7 AUG	£205,000	£484,155	58% below HPI
2007 1 OCT	£164,000	£358,236	54% below HPI
2000 10 APR	£59,999	£177,359	66% 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 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 22 CAERNARVON WAY be worth now?

22 CAERNARVON WAY might now be worth an estimated £301,547.

This is based on house price inflation of 13.8%, between August 2021 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 22 CAERNARVON WAY of £265,000 on 25th August 2021. For the value to have increased from £265,000 to £301,547 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 22 CAERNARVON WAY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CAERNARVON WAY has not materially changed since August 2021.

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 houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 22 CAERNARVON WAY lies on this distribution: 14% of detached houses 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.