6, FALLOW WAY, BANBURY, OX16 9TF - £438,000

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.

6 FALLOW WAY is a very large detached house of 152m², built sometime between 1967 and 1975, which could now be worth an estimated £505,770. It was last sold for £438,000 in March 2018, which was around 11% below the average March 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

6 FALLOW WAY Sold Prices

Land registry data shows four sales for 6 FALLOW 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. Most of the four 6 FALLOW 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
2018 23 MAR	£438,000	£492,801	11% below HPI
2012 5 SEP	£342,500	£351,648	3% below HPI
2009 12 OCT	£333,260	£319,624	4% above HPI
2005 21 JAN	£247,900	£290,950	15% below HPI

6 FALLOW 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 6 FALLOW WAY sales between January 2005 and March 2018 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 September 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 FALLOW WAY be worth now?

6 FALLOW WAY might now be worth an estimated £505,770.

This is based on house price inflation of 15.5%, between March 2018 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 15.5% inflationary increase is applied to the most recent sale price for 6 FALLOW WAY of £438,000 on 23rd March 2018. For the value to have increased from £438,000 to £505,770 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 6 FALLOW WAY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The March 2018 sale price of £438,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FALLOW WAY has not materially changed since March 2018.

How Large is 6 FALLOW WAY?

6 FALLOW WAY is 152m² according to the EPC inspection conducted in May 2009. This puts it in the largest 20% 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 6 FALLOW WAY lies on this distribution: 87% of detached houses houses are smaller than 6 FALLOW WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Banbury.

6 FALLOW WAY: Plot and Title Map

6 FALLOW WAY sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 6 FALLOW 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 6 FALLOW 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 6 FALLOW WAY?

6 FALLOW WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 6 on FALLOW WAY.