119, EDINBURGH WAY, BANBURY, OX16 0NZ - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

119 EDINBURGH WAY is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £252,895. It was last sold for £150,000 in October 2011, which was around 56% below the average October 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

119 EDINBURGH WAY Sold Prices

Land registry data shows two sales for 119 EDINBURGH 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 119 EDINBURGH 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
2011 31 OCT	£150,000	£341,431	56% below HPI
2006 30 JUN	£153,000	£311,947	51% below HPI

119 EDINBURGH 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 119 EDINBURGH WAY sales from June 2006 and October 2011 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 2006 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2011 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 119 EDINBURGH WAY be worth now?

119 EDINBURGH WAY might now be worth an estimated £252,895.

This is based on house price inflation of 68.6%, between October 2011 and October 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.6% inflationary increase is applied to the most recent sale price for 119 EDINBURGH WAY of £150,000 on 31st October 2011. For the value to have increased from £150,000 to £252,895 over the fourteen years to October 2025, the following assumptions must hold true:

• The value of 119 EDINBURGH WAY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2011 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 119 EDINBURGH WAY has not materially changed since October 2011.

How Large is 119 EDINBURGH WAY?

119 EDINBURGH WAY is 84m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 119 EDINBURGH WAY lies on this distribution: 15% of detached houses houses are smaller than 119 EDINBURGH WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Banbury.

119 EDINBURGH WAY: Plot and Title Map

119 EDINBURGH WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 119 EDINBURGH 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 119 EDINBURGH 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 119 EDINBURGH WAY?

119 EDINBURGH WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 119 on EDINBURGH WAY.