27, CHEVIOT WAY, BANBURY, OX16 1YB - £325,000

27 CHEVIOT WAY is a small extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £325,000 in February 2022, which was around 39% below the average February 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

27 CHEVIOT WAY Sold Prices

Land registry data shows two sales for 27 CHEVIOT 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 27 CHEVIOT 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
2022 24 FEB	£325,000	£536,614	39% below HPI
2006 1 DEC	£230,000	£333,181	31% below HPI

27 CHEVIOT 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 27 CHEVIOT WAY sales from December 2006 and February 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 December 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 27 CHEVIOT WAY?

27 CHEVIOT WAY is 95m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 27 CHEVIOT WAY lies on this distribution: 30% of detached houses are smaller than 27 CHEVIOT WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Banbury.

27 CHEVIOT WAY: Plot and Title Map

27 CHEVIOT WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 27 CHEVIOT 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 27 CHEVIOT 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 27 CHEVIOT WAY?

27 CHEVIOT WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 27 on CHEVIOT WAY.