8, BIRCHWOOD, BANBURY, OX16 9UF - £235,000

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

8 BIRCHWOOD is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £235,000 in March 2014, which was around 39% below the average March 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

8 BIRCHWOOD Sold Prices

Land registry data shows two sales for 8 BIRCHWOOD 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 8 BIRCHWOOD 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
2014 11 MAR	£235,000	£384,281	39% below HPI
2009 5 NOV	£215,000	£326,332	34% below HPI

8 BIRCHWOOD 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 8 BIRCHWOOD sales from November 2009 and March 2014 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 BIRCHWOOD?

8 BIRCHWOOD is 85m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 8 BIRCHWOOD lies on this distribution: 16% of detached houses are smaller than 8 BIRCHWOOD, and 82% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 BIRCHWOOD: Plot and Title Map

8 BIRCHWOOD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 8 BIRCHWOOD, 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 8 BIRCHWOOD). 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 8 BIRCHWOOD?

8 BIRCHWOOD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 8 on BIRCHWOOD.