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

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

27 KINGSWAY is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £345,000 in June 2021, which was around 31% 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	£501,795	31% below HPI
2015 26 JUN	£275,000	£434,557	37% below HPI
2012 17 MAY	£214,500	£341,335	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 27 KINGSWAY lies on this distribution: 54% of detached 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.