14, ROMNEY ROAD, BANBURY, OX16 1YA - £225,000

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.

14 ROMNEY ROAD is a very small semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £283,344. It was last sold for £225,000 in May 2020, which was around 21% below the average May 2020 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

14 ROMNEY ROAD Sold Prices

Land registry data shows three sales for 14 ROMNEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the three 14 ROMNEY ROAD 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
2020 15 MAY	£225,000	£283,458	21% below HPI
2016 30 MAR	£200,000	£275,072	27% below HPI
2008 14 JUL	£136,000	£206,484	34% below HPI

14 ROMNEY ROAD 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 three 14 ROMNEY ROAD sales between July 2008 and May 2020 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 March 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 14 ROMNEY ROAD be worth now?

14 ROMNEY ROAD might now be worth an estimated £283,344.

This is based on house price inflation of 25.9%, between May 2020 and August 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 25.9% inflationary increase is applied to the most recent sale price for 14 ROMNEY ROAD of £225,000 on 15th May 2020. For the value to have increased from £225,000 to £283,344 over the four years and nine months to August 2025, the following assumptions must hold true:

• The value of 14 ROMNEY ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The May 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ROMNEY ROAD has not materially changed since May 2020.

How Large is 14 ROMNEY ROAD?

14 ROMNEY ROAD is 74m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 14 ROMNEY ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 14 ROMNEY ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Banbury.

14 ROMNEY ROAD: Plot and Title Map

14 ROMNEY ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 14 ROMNEY ROAD, 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 14 ROMNEY ROAD). 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 14 ROMNEY ROAD?

14 ROMNEY ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 14 on ROMNEY ROAD.