38, GUERNSEY WAY, BANBURY, OX16 1UE - £125,000

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.

38 GUERNSEY WAY is a very small semi-detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £271,369. It was last sold for £125,000 in November 2003, which was around 22% below the average November 2003 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

38 GUERNSEY WAY Sold Prices

Land registry data shows two sales for 38 GUERNSEY 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 38 GUERNSEY 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
2003 28 NOV	£125,000	£160,376	22% below HPI
1997 5 JUN	£54,500	£65,411	17% below HPI

38 GUERNSEY 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 38 GUERNSEY WAY sales from June 1997 and November 2003 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 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2003 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 38 GUERNSEY WAY be worth now?

38 GUERNSEY WAY might now be worth an estimated £271,369.

This is based on house price inflation of 117.1%, between November 2003 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 117.1% inflationary increase is applied to the most recent sale price for 38 GUERNSEY WAY of £125,000 on 28th November 2003. For the value to have increased from £125,000 to £271,369 over the 22 years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 GUERNSEY WAY has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The November 2003 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GUERNSEY WAY has not materially changed since November 2003.

How Large is 38 GUERNSEY WAY?

38 GUERNSEY WAY is 68m² according to the EPC inspection conducted in September 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 38 GUERNSEY WAY lies on this distribution: 5% of semi-detached houses houses are smaller than 38 GUERNSEY WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Banbury.

38 GUERNSEY WAY: Plot and Title Map

38 GUERNSEY WAY sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 38 GUERNSEY 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 38 GUERNSEY 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 38 GUERNSEY WAY?

38 GUERNSEY WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 38 on GUERNSEY WAY.