51, HEREFORD WAY, BANBURY, OX16 1FT - £250,000

51 HEREFORD WAY is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £250,000 in September 2015, which was around 44% below the average September 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

51 HEREFORD WAY Sold Prices

Land registry data shows two sales for 51 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 51 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
2015 10 SEP	£250,000	£444,659	44% below HPI
1996 2 DEC	£75,000	£100,237	25% below HPI

51 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 51 HEREFORD WAY sales from December 1996 and September 2015 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 December 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2015 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 51 HEREFORD WAY?

51 HEREFORD WAY is 102m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 51 HEREFORD WAY lies on this distribution: 38% of detached houses are smaller than 51 HEREFORD WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Banbury.

51 HEREFORD WAY: Plot and Title Map

51 HEREFORD WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 51 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 51 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 51 HEREFORD WAY?

51 HEREFORD WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 51 on HEREFORD WAY.