6, LAXTON WAY, BANBURY, OX16 1AB - £430,000

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

6 LAXTON WAY is a very large extended detached house of 173m², built sometime between 1991 and 1995. It was last sold for £430,000 in June 2021, which was around 14% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

6 LAXTON WAY Sold Prices

Land registry data shows three sales for 6 LAXTON 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. Two of the three 6 LAXTON WAY sales were for below the average price, whilst one was for above 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 29 JUN	£430,000	£501,795	14% below HPI
2014 11 AUG	£342,410	£404,064	15% below HPI
2002 27 JUN	£265,000	£230,554	15% above HPI

6 LAXTON 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 6 LAXTON WAY sales between June 2002 and June 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 August 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 6 LAXTON WAY?

6 LAXTON WAY is 173m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 6 LAXTON WAY lies on this distribution: 94% of detached houses are smaller than 6 LAXTON WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Banbury.

6 LAXTON WAY: Plot and Title Map

6 LAXTON WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 6 LAXTON 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 LAXTON 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 LAXTON WAY?

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