43, HEREFORD WAY, BANBURY, OX16 1FT - £150,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

43 HEREFORD WAY is a very small semi-detached house of 56m², built sometime between 1983 and 1990. It was last sold for £150,000 in April 2008, which was around 57% below the average April 2008 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

43 HEREFORD WAY Sold Prices

Land registry data shows four sales for 43 HEREFORD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 43 HEREFORD 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
2008 18 APR	£150,000	£347,504	57% below HPI
2002 18 NOV	£110,000	£258,934	58% below HPI
1998 30 JAN	£57,000	£130,181	56% below HPI
1996 28 OCT	£51,500	£106,925	52% below HPI

43 HEREFORD 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 four 43 HEREFORD WAY sales between October 1996 and April 2008 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 November 2002 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the April 2008 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 43 HEREFORD WAY?

43 HEREFORD WAY is 56m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 43 HEREFORD WAY lies on this distribution: 1% of detached houses are smaller than 43 HEREFORD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Banbury.

43 HEREFORD WAY: Plot and Title Map

43 HEREFORD WAY sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 43 HEREFORD 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 43 HEREFORD 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 43 HEREFORD WAY?

43 HEREFORD WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 43 on HEREFORD WAY.