13, LAXTON WAY, BANBURY, OX16 1AB - £320,000

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.

13 LAXTON WAY is a large extended semi-detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £374,389. It was last sold for £320,000 in January 2021, which was around 8% above the average January 2021 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

13 LAXTON WAY Sold Prices

Land registry data shows four sales for 13 LAXTON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the four 13 LAXTON WAY sales 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
2021 29 JAN	£320,000	£297,588	8% above HPI
2013 28 FEB	£246,500	£209,357	18% above HPI
2005 28 APR	£232,500	£182,712	27% above HPI
2002 13 SEP	£192,500	£140,292	37% above HPI

13 LAXTON WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 13 LAXTON WAY sales between September 2002 and January 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 February 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 13 LAXTON WAY be worth now?

13 LAXTON WAY might now be worth an estimated £374,389.

This is based on house price inflation of 17%, between January 2021 and February 2025, for semi-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 17% inflationary increase is applied to the most recent sale price for 13 LAXTON WAY of £320,000 on 29th January 2021. For the value to have increased from £320,000 to £374,389 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 13 LAXTON WAY has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The January 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 13 LAXTON WAY has not materially changed since January 2021.

How Large is 13 LAXTON WAY?

13 LAXTON WAY is 134m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 13 LAXTON WAY lies on this distribution: 77% of semi-detached houses houses are smaller than 13 LAXTON WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Banbury.

13 LAXTON WAY: Plot and Title Map

13 LAXTON WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 13 LAXTON 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 13 LAXTON 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 13 LAXTON WAY?

13 LAXTON WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 13 on LAXTON WAY.