41, HEREFORD WAY, BANBURY, OX16 1FT - £179,000

41 HEREFORD WAY is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £179,000 in January 2004, which was around 36% below the average January 2004 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

41 HEREFORD WAY Sold Prices

Land registry data shows two sales for 41 HEREFORD 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 41 HEREFORD 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
2004 23 JAN	£179,000	£280,533	36% below HPI
1996 10 MAY	£66,000	£99,578	34% below HPI

41 HEREFORD 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 41 HEREFORD WAY sales from May 1996 and January 2004 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 May 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2004 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 41 HEREFORD WAY?

41 HEREFORD WAY is 81m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 41 HEREFORD WAY lies on this distribution: 13% of detached houses are smaller than 41 HEREFORD WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Banbury.

41 HEREFORD WAY: Plot and Title Map

41 HEREFORD WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 41 HEREFORD 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 41 HEREFORD 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 41 HEREFORD WAY?

41 HEREFORD WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 41 on HEREFORD WAY.