27, KINGSWAY, BANBURY, OX16 9NX - £345,000

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.

27 KINGSWAY is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £397,007. It was last sold for £345,000 in June 2021, which was around 30% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

27 KINGSWAY Sold Prices

Land registry data shows three sales for 27 KINGSWAY 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 27 KINGSWAY 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 30 JUN	£345,000	£494,506	30% below HPI
2015 26 JUN	£275,000	£428,245	36% below HPI
2012 17 MAY	£214,500	£336,377	36% below HPI

27 KINGSWAY 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 27 KINGSWAY sales between May 2012 and June 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 June 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 27 KINGSWAY be worth now?

27 KINGSWAY might now be worth an estimated £397,007.

This is based on house price inflation of 15.1%, between June 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 15.1% inflationary increase is applied to the most recent sale price for 27 KINGSWAY of £345,000 on 30th June 2021. For the value to have increased from £345,000 to £397,007 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 27 KINGSWAY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 27 KINGSWAY has not materially changed since June 2021.

How Large is 27 KINGSWAY?

27 KINGSWAY is 115m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 50% 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 27 KINGSWAY lies on this distribution: 54% of detached houses houses are smaller than 27 KINGSWAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Banbury.

27 KINGSWAY: Plot and Title Map

27 KINGSWAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 27 KINGSWAY, 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 27 KINGSWAY). 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 27 KINGSWAY?

27 KINGSWAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 27 on KINGSWAY.