22, HEREFORD WAY, BANBURY, OX16 1UD - £203,500

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

22 HEREFORD WAY is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £203,500 in April 2014, which was around 47% below the average April 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

22 HEREFORD WAY Sold Prices

Land registry data shows three sales for 22 HEREFORD WAY 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 22 HEREFORD 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
2014 16 APR	£203,500	£385,312	47% below HPI
1997 4 APR	£66,000	£110,664	40% below HPI
1995 31 MAR	£65,950	£94,954	31% below HPI

22 HEREFORD 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 three 22 HEREFORD WAY sales between March 1995 and April 2014 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 April 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2014 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 22 HEREFORD WAY?

22 HEREFORD WAY is 84m² according to the EPC inspection conducted in March 2015. 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 HEREFORD WAY lies on this distribution: 15% of detached houses are smaller than 22 HEREFORD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Banbury.

22 HEREFORD WAY: Plot and Title Map

22 HEREFORD WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 22 HEREFORD 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 HEREFORD 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 HEREFORD WAY?

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