40, NORTH STREET, BANBURY, OX16 3LH - £160,000

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.

40 NORTH STREET is a very small extended terraced house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £223,036. It was last sold for £160,000 in July 2014, which was around 20% below the average July 2014 terraced price in the Cherwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

40 NORTH STREET Sold Prices

Land registry data shows three sales for 40 NORTH STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the three 40 NORTH STREET 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
2014 3 JUL	£160,000	£201,120	20% below HPI
2000 15 SEP	£70,000	£89,505	22% below HPI
1997 11 APR	£41,000	£52,289	22% below HPI

40 NORTH STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The three 40 NORTH STREET sales between April 1997 and July 2014 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 September 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 40 NORTH STREET be worth now?

40 NORTH STREET might now be worth an estimated £223,036.

This is based on house price inflation of 39.4%, between July 2014 and July 2025, for terraced 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 39.4% inflationary increase is applied to the most recent sale price for 40 NORTH STREET of £160,000 on 3rd July 2014. For the value to have increased from £160,000 to £223,036 over the eleven years to July 2025, the following assumptions must hold true:

• The value of 40 NORTH STREET has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The July 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NORTH STREET has not materially changed since July 2014.

How Large is 40 NORTH STREET?

40 NORTH STREET is 71m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of terraced houses houses in Banbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Banbury, and where 40 NORTH STREET lies on this distribution: 6% of terraced houses houses are smaller than 40 NORTH STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Banbury.

40 NORTH STREET: Plot and Title Map

40 NORTH STREET sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 40 NORTH STREET, 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 40 NORTH STREET). 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 40 NORTH STREET?

40 NORTH STREET is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 40 on NORTH STREET.