22, TIMMS ROAD, BANBURY, OX16 9DL - £199,000

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 TIMMS ROAD is a very small semi-detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £282,391. It was last sold for £199,000 in December 2014, which was around 19% below the average December 2014 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

22 TIMMS ROAD Sold Prices

Land registry data shows three sales for 22 TIMMS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the three 22 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
2014 19 DEC	£199,000	£245,353	19% below HPI
2012 26 SEP	£165,500	£211,749	22% below HPI
1998 24 APR	£66,500	£77,423	14% below HPI

22 TIMMS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 22 TIMMS ROAD sales between April 1998 and December 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 September 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 22 TIMMS ROAD be worth now?

22 TIMMS ROAD might now be worth an estimated £282,391.

This is based on house price inflation of 41.9%, between December 2014 and February 2025, for semi-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 41.9% inflationary increase is applied to the most recent sale price for 22 TIMMS ROAD of £199,000 on 19th December 2014. For the value to have increased from £199,000 to £282,391 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 22 TIMMS ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The December 2014 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 22 TIMMS ROAD has not materially changed since December 2014.

How Large is 22 TIMMS ROAD?

22 TIMMS ROAD is 64m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 22 TIMMS ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 22 TIMMS ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Banbury.

22 TIMMS ROAD: Plot and Title Map

22 TIMMS ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 22 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 22 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 22 TIMMS ROAD?

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