8, CAERNARVON WAY, BANBURY, OX16 0PQ - £235,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 CAERNARVON WAY is a small extended semi-detached house of 102m², built sometime between 1950 and 1966. It was last sold for £235,000 in April 2017, which was around 50% below the average April 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

8 CAERNARVON WAY Sold Prices

Land registry data shows three sales for 8 CAERNARVON 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 8 CAERNARVON 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
2017 28 APR	£235,000	£471,855	50% below HPI
2015 16 FEB	£180,000	£415,402	57% below HPI
2002 19 JUL	£98,000	£238,731	59% below HPI

8 CAERNARVON 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 8 CAERNARVON WAY sales between July 2002 and April 2017 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 February 2015 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the April 2017 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 8 CAERNARVON WAY?

8 CAERNARVON WAY is 102m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 8 CAERNARVON WAY lies on this distribution: 37% of detached houses are smaller than 8 CAERNARVON WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 CAERNARVON WAY: Plot and Title Map

8 CAERNARVON WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 8 CAERNARVON 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 8 CAERNARVON 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 8 CAERNARVON WAY?

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