8, FALLOW WAY, BANBURY, OX16 9TF - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 FALLOW WAY is a very large detached house of 151m², built sometime between 1950 and 1966. It was last sold for £325,000 in April 2010, which was around 3% below the average April 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

8 FALLOW WAY Sold Prices

Land registry data shows three sales for 8 FALLOW 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. One of the three 8 FALLOW WAY sales was for below the average price, whilst two were for above 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
2010 30 APR	£325,000	£335,428	3% below HPI
2004 22 APR	£325,000	£285,918	14% above HPI
1997 4 APR	£120,000	£110,664	8% above HPI

8 FALLOW 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 FALLOW WAY sales between April 1997 and April 2010 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 April 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2010 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 FALLOW WAY?

8 FALLOW WAY is 151m² according to the EPC inspection conducted in September 2009. This puts it in the largest 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 FALLOW WAY lies on this distribution: 87% of detached houses are smaller than 8 FALLOW WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 FALLOW WAY: Plot and Title Map

8 FALLOW WAY sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 8 FALLOW 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 FALLOW 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 FALLOW WAY?

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