7, CHAFFINCH WAY, BODICOTE, BANBURY, OX15 4GP - £295,000

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

7 CHAFFINCH WAY is a very small detached house of 87m². It was last sold for £295,000 in October 2020, which was around 39% below the average October 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was A.

7 CHAFFINCH WAY Sold Prices

Land registry data shows three sales for 7 CHAFFINCH 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 7 CHAFFINCH 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
2020 2 OCT	£295,000	£486,317	39% below HPI
2018 6 APR	£299,000	£494,578	40% below HPI
2015 2 OCT	£285,000	£448,047	36% below HPI

7 CHAFFINCH 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 7 CHAFFINCH WAY sales between October 2015 and October 2020 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 April 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 CHAFFINCH WAY?

7 CHAFFINCH WAY is 87m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where 7 CHAFFINCH WAY lies on this distribution: 9% of detached houses are smaller than 7 CHAFFINCH WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

7 CHAFFINCH WAY: Plot and Title Map

7 CHAFFINCH WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 7 CHAFFINCH 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 7 CHAFFINCH 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 7 CHAFFINCH WAY?

7 CHAFFINCH WAY is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 7 on CHAFFINCH WAY.