8, MEADOWSWEET WAY, BANBURY, OX16 1WE - £330,000

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 MEADOWSWEET WAY is a large detached house of 122m², built sometime between 2003 and 2006. It was last sold for £330,000 in February 2015, which was around 21% below the average February 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

8 MEADOWSWEET WAY Sold Prices

Land registry data shows two sales for 8 MEADOWSWEET WAY 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 MEADOWSWEET 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
2015 27 FEB	£330,000	£415,402	21% below HPI
2006 25 AUG	£290,000	£328,277	12% below HPI

8 MEADOWSWEET 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 two 8 MEADOWSWEET WAY sales from August 2006 and February 2015 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 August 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 MEADOWSWEET WAY?

8 MEADOWSWEET WAY is 122m² according to the EPC inspection conducted in November 2014. This puts it in the largest 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 MEADOWSWEET WAY lies on this distribution: 64% of detached houses are smaller than 8 MEADOWSWEET WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 MEADOWSWEET WAY: Plot and Title Map

8 MEADOWSWEET WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 MEADOWSWEET 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 MEADOWSWEET 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 MEADOWSWEET WAY?

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