78, WALLER DRIVE, BANBURY, OX16 9NR - £390,000

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.

78 WALLER DRIVE is a very small extended detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £423,190. It was last sold for £390,000 in May 2022, which was around 26% below the average May 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

78 WALLER DRIVE Sold Prices

Land registry data shows two sales for 78 WALLER DRIVE 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 78 WALLER DRIVE 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 MAY	£390,000	£524,421	26% below HPI
2006 28 JUL	£285,000	£314,802	9% below HPI

78 WALLER DRIVE 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 78 WALLER DRIVE sales from July 2006 and May 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 July 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 78 WALLER DRIVE be worth now?

78 WALLER DRIVE might now be worth an estimated £423,190.

This is based on house price inflation of 8.5%, between May 2022 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 8.5% inflationary increase is applied to the most recent sale price for 78 WALLER DRIVE of £390,000 on 6th May 2022. For the value to have increased from £390,000 to £423,190 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 78 WALLER DRIVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 78 WALLER DRIVE has not materially changed since May 2022.

How Large is 78 WALLER DRIVE?

78 WALLER DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% 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 78 WALLER DRIVE lies on this distribution: 9% of detached houses houses are smaller than 78 WALLER DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Banbury.

78 WALLER DRIVE: Plot and Title Map

78 WALLER DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 78 WALLER DRIVE, 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 78 WALLER DRIVE). 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 78 WALLER DRIVE?

78 WALLER DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 78 on WALLER DRIVE.