6, CHEVIOT WAY, BANBURY, OX16 1YB - £215,000

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.

6 CHEVIOT WAY is a very small terraced house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £236,851. It was last sold for £215,000 in June 2021, which was around 16% below the average June 2021 terraced price in the Cherwell local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

6 CHEVIOT WAY Sold Prices

Land registry data shows two sales for 6 CHEVIOT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. Both of the two 6 CHEVIOT 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
2021 4 JUN	£215,000	£254,491	16% below HPI
1999 22 DEC	£73,000	£76,784	5% below HPI

6 CHEVIOT WAY 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 two 6 CHEVIOT WAY sales from December 1999 and June 2021 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 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 CHEVIOT WAY be worth now?

6 CHEVIOT WAY might now be worth an estimated £236,851.

This is based on house price inflation of 10.2%, between June 2021 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 10.2% inflationary increase is applied to the most recent sale price for 6 CHEVIOT WAY of £215,000 on 4th June 2021. For the value to have increased from £215,000 to £236,851 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 6 CHEVIOT WAY has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The June 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHEVIOT WAY has not materially changed since June 2021.

How Large is 6 CHEVIOT WAY?

6 CHEVIOT WAY is 54m² according to the EPC inspection conducted in March 2021. 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 6 CHEVIOT WAY lies on this distribution: 1% of terraced houses houses are smaller than 6 CHEVIOT WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

6 CHEVIOT WAY: Plot and Title Map

6 CHEVIOT WAY sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 6 CHEVIOT 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 6 CHEVIOT 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 6 CHEVIOT WAY?

6 CHEVIOT WAY is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 6 on CHEVIOT WAY.