5, GUERNSEY WAY, BANBURY, OX16 1UE - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 GUERNSEY WAY is a large detached house of 134m², built sometime between 1967 and 1975. It was last sold for £225,000 in April 2022, which was around 58% below the average April 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

5 GUERNSEY WAY Sold Prices

Land registry data shows three sales for 5 GUERNSEY WAY 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 5 GUERNSEY 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
2022 21 APR	£225,000	£536,065	58% below HPI
2003 21 FEB	£121,000	£273,447	56% below HPI
1997 31 OCT	£59,500	£129,749	54% below HPI

5 GUERNSEY 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 three 5 GUERNSEY WAY sales between October 1997 and April 2022 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 2003 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2022 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 5 GUERNSEY WAY?

5 GUERNSEY WAY is 134m² according to the EPC inspection conducted in December 2021. This puts it in the largest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 5 GUERNSEY WAY lies on this distribution: 76% of detached houses are smaller than 5 GUERNSEY WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Banbury.

5 GUERNSEY WAY: Plot and Title Map

5 GUERNSEY WAY sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 5 GUERNSEY 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 5 GUERNSEY 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 5 GUERNSEY WAY?

5 GUERNSEY WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 5 on GUERNSEY WAY.