84, HEREFORD WAY, BANBURY, OX16 1UD - £282,000

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

84 HEREFORD WAY is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £282,000 in November 2021, which was around 45% below the average November 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

84 HEREFORD WAY Sold Prices

Land registry data shows three sales for 84 HEREFORD 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 84 HEREFORD 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
2021 25 NOV	£282,000	£513,311	45% below HPI
2014 10 JAN	£216,000	£379,985	43% below HPI
2001 27 JUL	£128,000	£210,067	39% below HPI

84 HEREFORD 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 84 HEREFORD WAY sales between July 2001 and November 2021 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 January 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 84 HEREFORD WAY?

84 HEREFORD WAY is 95m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 84 HEREFORD WAY lies on this distribution: 30% of detached houses are smaller than 84 HEREFORD WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Banbury.

84 HEREFORD WAY: Plot and Title Map

84 HEREFORD WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 84 HEREFORD 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 84 HEREFORD 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 84 HEREFORD WAY?

84 HEREFORD WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 84 on HEREFORD WAY.