4, BAILEY ROAD, BANBURY, OX16 1HW - £400,000

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.

4 BAILEY ROAD is a midsized detached house of 107m², which could now be worth an estimated £445,685. It was last sold for £400,000 in December 2021, which was around 22% below the average December 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

4 BAILEY ROAD Sold Prices

Land registry data shows two sales for 4 BAILEY ROAD 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 4 BAILEY 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
2021 6 DEC	£400,000	£510,720	22% below HPI
2019 21 FEB	£349,950	£470,504	26% below HPI

4 BAILEY ROAD 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 4 BAILEY ROAD sales from February 2019 and December 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 February 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 BAILEY ROAD be worth now?

4 BAILEY ROAD might now be worth an estimated £445,685.

This is based on house price inflation of 11.4%, between December 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 11.4% inflationary increase is applied to the most recent sale price for 4 BAILEY ROAD of £400,000 on 6th December 2021. For the value to have increased from £400,000 to £445,685 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 BAILEY ROAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BAILEY ROAD has not materially changed since December 2021.

How Large is 4 BAILEY ROAD?

4 BAILEY ROAD is 107m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 4 BAILEY ROAD lies on this distribution: 43% of detached houses houses are smaller than 4 BAILEY ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 BAILEY ROAD: Plot and Title Map

4 BAILEY ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 4 BAILEY 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 4 BAILEY 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 4 BAILEY ROAD?

4 BAILEY ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 4 on BAILEY ROAD.