6, HEREFORD WAY, BANBURY, OX16 1UD - £205,000

6 HEREFORD WAY is a very small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £205,000 in December 2020, which was around 59% below the average December 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

6 HEREFORD WAY Sold Prices

Land registry data shows two sales for 6 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 6 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
2020 4 DEC	£205,000	£497,038	59% below HPI
2002 22 JUL	£110,000	£238,731	54% below HPI

6 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 6 HEREFORD WAY sales from July 2002 and December 2020 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 2002 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2020 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 6 HEREFORD WAY?

6 HEREFORD WAY is 88m² according to the EPC inspection conducted in November 2023. 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 6 HEREFORD WAY lies on this distribution: 20% of detached houses are smaller than 6 HEREFORD WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Banbury.

6 HEREFORD WAY: Plot and Title Map

6 HEREFORD WAY sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 6 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 6 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 6 HEREFORD WAY?

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