4, WILLOW ROAD, BANBURY, OX16 9EY - £243,000

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

4 WILLOW ROAD is a small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £243,000 in March 2011, which was around 29% below the average March 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

4 WILLOW ROAD Sold Prices

Land registry data shows three sales for 4 WILLOW ROAD 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 4 WILLOW 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
2011 21 MAR	£243,000	£341,988	29% below HPI
2003 19 DEC	£200,000	£276,794	28% below HPI
1997 7 FEB	£78,000	£107,838	28% below HPI

4 WILLOW 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 three 4 WILLOW ROAD sales between February 1997 and March 2011 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 December 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 WILLOW ROAD?

4 WILLOW ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in November 2020. 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 4 WILLOW ROAD lies on this distribution: 39% of detached houses are smaller than 4 WILLOW ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 WILLOW ROAD: Plot and Title Map

4 WILLOW ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 4 WILLOW 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 WILLOW 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 WILLOW ROAD?

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