7, KINGSWAY, BANBURY, OX16 9NU - £460,000

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

7 KINGSWAY is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £460,000 in October 2022, which was around 20% below the average October 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

7 KINGSWAY Sold Prices

Land registry data shows two sales for 7 KINGSWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 7 KINGSWAY 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 6 OCT	£460,000	£575,876	20% below HPI
2013 15 NOV	£295,000	£377,279	22% below HPI

7 KINGSWAY 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 two 7 KINGSWAY sales from November 2013 and October 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 November 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 KINGSWAY?

7 KINGSWAY is 126m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 7 KINGSWAY lies on this distribution: 68% of detached houses are smaller than 7 KINGSWAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7 KINGSWAY: Plot and Title Map

7 KINGSWAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 7 KINGSWAY, 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 KINGSWAY). 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 KINGSWAY?

7 KINGSWAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 7 on KINGSWAY.