48, WALLER DRIVE, BANBURY, OX16 9NR - £370,000

48 WALLER DRIVE is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £370,000 in March 2017, which was around 21% below the average March 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

48 WALLER DRIVE Sold Prices

Land registry data shows four sales for 48 WALLER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 48 WALLER DRIVE 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
2017 28 MAR	£370,000	£467,299	21% below HPI
1999 20 JUL	£142,000	£154,770	8% below HPI
1998 31 JUL	£136,300	£141,819	4% below HPI
1995 21 JUL	£99,500	£101,105	2% below HPI

48 WALLER DRIVE 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 four 48 WALLER DRIVE sales between July 1995 and March 2017 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 July 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 48 WALLER DRIVE?

48 WALLER DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 48 WALLER DRIVE lies on this distribution: 51% of detached houses are smaller than 48 WALLER DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Banbury.

48 WALLER DRIVE: Plot and Title Map

48 WALLER DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 48 WALLER DRIVE, 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 48 WALLER DRIVE). 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 48 WALLER DRIVE?

48 WALLER DRIVE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 48 on WALLER DRIVE.