71, EDINBURGH WAY, BANBURY, OX16 0PA - £280,000

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

71 EDINBURGH WAY is a small extended semi-detached house of 93m², built sometime between 1950 and 1966. It was last sold for £280,000 in April 2023, which was around 51% below the average April 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

71 EDINBURGH WAY Sold Prices

Land registry data shows three sales for 71 EDINBURGH 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 71 EDINBURGH 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
2023 4 APR	£280,000	£574,989	51% below HPI
2015 27 MAR	£210,000	£420,464	50% below HPI
2003 30 APR	£99,000	£275,269	64% below HPI

71 EDINBURGH 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 71 EDINBURGH WAY sales between April 2003 and April 2023 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 March 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 71 EDINBURGH WAY?

71 EDINBURGH WAY is 93m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 71 EDINBURGH WAY lies on this distribution: 27% of detached houses are smaller than 71 EDINBURGH WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Banbury.

71 EDINBURGH WAY: Plot and Title Map

71 EDINBURGH WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 71 EDINBURGH 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 71 EDINBURGH 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 71 EDINBURGH WAY?

71 EDINBURGH WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 71 on EDINBURGH WAY.