1, HERON WAY, BANBURY, OX16 9RD - £290,000

1 HERON WAY is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £290,000 in October 2015, which was around 35% below the average October 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

1 HERON WAY Sold Prices

Land registry data shows two sales for 1 HERON 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 1 HERON 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 2 OCT	£290,000	£448,047	35% below HPI
2010 4 JUN	£195,000	£347,946	44% below HPI

1 HERON 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 1 HERON WAY sales from June 2010 and October 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 June 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 HERON WAY?

1 HERON WAY is 93m² according to the EPC inspection conducted in September 2014. 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 1 HERON WAY lies on this distribution: 28% of detached houses are smaller than 1 HERON WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 HERON WAY: Plot and Title Map

1 HERON WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 1 HERON 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 1 HERON 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 1 HERON WAY?

1 HERON WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on HERON WAY.