3, ROMNEY ROAD, BANBURY, OX16 1YA - £217,000

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.

3 ROMNEY ROAD is a very small semi-detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £272,780. It was last sold for £217,000 in July 2016, which was around 24% below the average July 2016 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

3 ROMNEY ROAD Sold Prices

Land registry data shows three sales for 3 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 3 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
2016 29 JUL	£217,000	£283,967	24% below HPI
2004 2 JUN	£157,000	£175,367	10% below HPI
2000 6 MAR	£84,000	£100,498	16% below HPI

3 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 3 ROMNEY ROAD sales between March 2000 and July 2016 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 ROMNEY ROAD be worth now?

3 ROMNEY ROAD might now be worth an estimated £272,780.

This is based on house price inflation of 25.7%, between July 2016 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 25.7% inflationary increase is applied to the most recent sale price for 3 ROMNEY ROAD of £217,000 on 29th July 2016. For the value to have increased from £217,000 to £272,780 over the eight years and eleven months to August 2025, the following assumptions must hold true:

• The value of 3 ROMNEY ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The July 2016 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROMNEY ROAD has not materially changed since July 2016.

How Large is 3 ROMNEY ROAD?

3 ROMNEY ROAD is 84m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% 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 3 ROMNEY ROAD lies on this distribution: 15% of semi-detached houses houses are smaller than 3 ROMNEY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 ROMNEY ROAD: Plot and Title Map

3 ROMNEY ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 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 3 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 3 ROMNEY ROAD?

3 ROMNEY ROAD is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 3 on ROMNEY ROAD.