16, TOWNS FIELD, BANBURY, OX16 1HS - £408,000

16 TOWNS FIELD is a midsized detached house of 109m². It was last sold for £408,000 in June 2022, which was around 24% below the average June 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.

16 TOWNS FIELD Sold Prices

Land registry data shows two sales for 16 TOWNS FIELD 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 16 TOWNS FIELD 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
2022 1 JUN	£408,000	£534,451	24% below HPI
2021 19 FEB	£337,000	£491,489	31% below HPI

16 TOWNS FIELD 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 16 TOWNS FIELD sales from February 2021 and June 2022 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 2021 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 TOWNS FIELD?

16 TOWNS FIELD is 109m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 16 TOWNS FIELD lies on this distribution: 47% of detached houses are smaller than 16 TOWNS FIELD, and 51% of houses are larger. Note that EPC data is not available for all properties in Banbury.

16 TOWNS FIELD: Plot and Title Map

16 TOWNS FIELD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 16 TOWNS FIELD, 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 16 TOWNS FIELD). 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 16 TOWNS FIELD?

16 TOWNS FIELD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 16 on TOWNS FIELD.