3, AVOCET WAY, BANBURY, OX16 9YA - £215,000

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

3 AVOCET WAY is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £215,000 in January 2006, which was around 30% below the average January 2006 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was B.

3 AVOCET WAY Sold Prices

Land registry data shows two sales for 3 AVOCET WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 3 AVOCET 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
2006 12 JAN	£215,000	£306,998	30% below HPI
2001 12 FEB	£125,000	£194,197	36% below HPI

3 AVOCET 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 two 3 AVOCET WAY sales from February 2001 and January 2006 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 February 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2006 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 AVOCET WAY?

3 AVOCET WAY is 96m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 3 AVOCET WAY lies on this distribution: 31% of detached houses are smaller than 3 AVOCET WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 AVOCET WAY: Plot and Title Map

3 AVOCET WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 3 AVOCET 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 3 AVOCET 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 3 AVOCET WAY?

3 AVOCET WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 3 on AVOCET WAY.