31, CAERNARVON WAY, BANBURY, OX16 0PG - £126,000

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.

31 CAERNARVON WAY is a very small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £214,791. It was last sold for £126,000 in May 2012, which was around 38% below the average May 2012 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

31 CAERNARVON WAY Sold Prices

Land registry data shows two sales for 31 CAERNARVON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 31 CAERNARVON 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
2012 31 MAY	£126,000	£204,241	38% below HPI
1996 25 NOV	£21,240	£59,585	64% below HPI

31 CAERNARVON 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 two 31 CAERNARVON WAY sales from November 1996 and May 2012 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 November 1996 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the May 2012 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 31 CAERNARVON WAY be worth now?

31 CAERNARVON WAY might now be worth an estimated £214,791.

This is based on house price inflation of 70.5%, between May 2012 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 70.5% inflationary increase is applied to the most recent sale price for 31 CAERNARVON WAY of £126,000 on 31st May 2012. For the value to have increased from £126,000 to £214,791 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 31 CAERNARVON WAY has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The May 2012 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CAERNARVON WAY has not materially changed since May 2012.

How Large is 31 CAERNARVON WAY?

31 CAERNARVON WAY is 84m² according to the EPC inspection conducted in March 2013. 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 31 CAERNARVON WAY lies on this distribution: 15% of semi-detached houses houses are smaller than 31 CAERNARVON WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Banbury.

31 CAERNARVON WAY: Plot and Title Map

31 CAERNARVON WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 31 CAERNARVON 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 31 CAERNARVON 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 31 CAERNARVON WAY?

31 CAERNARVON WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 31 on CAERNARVON WAY.