8, CHICHESTER WALK, BANBURY, OX16 1YP - £242,000

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.

8 CHICHESTER WALK is a very small extended terraced house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £260,557. It was last sold for £242,000 in July 2022, which was around 12% below the average July 2022 terraced price in the Cherwell local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

8 CHICHESTER WALK Sold Prices

Land registry data shows three sales for 8 CHICHESTER WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the three 8 CHICHESTER WALK 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
2022 12 JUL	£242,000	£273,808	12% below HPI
2016 29 APR	£230,000	£233,327	1% below HPI
2006 24 FEB	£153,000	£157,963	3% below HPI

8 CHICHESTER WALK 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 three 8 CHICHESTER WALK sales between February 2006 and July 2022 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 April 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 CHICHESTER WALK be worth now?

8 CHICHESTER WALK might now be worth an estimated £260,557.

This is based on house price inflation of 7.7%, between July 2022 and October 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 7.7% inflationary increase is applied to the most recent sale price for 8 CHICHESTER WALK of £242,000 on 12th July 2022. For the value to have increased from £242,000 to £260,557 over the two years and nine months to October 2025, the following assumptions must hold true:

• The value of 8 CHICHESTER WALK has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The July 2022 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHICHESTER WALK has not materially changed since July 2022.

How Large is 8 CHICHESTER WALK?

8 CHICHESTER WALK is 82m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 8 CHICHESTER WALK lies on this distribution: 13% of terraced houses houses are smaller than 8 CHICHESTER WALK, and 86% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 CHICHESTER WALK: Plot and Title Map

8 CHICHESTER WALK sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 8 CHICHESTER WALK, 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 8 CHICHESTER WALK). 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 8 CHICHESTER WALK?

8 CHICHESTER WALK is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 8 on CHICHESTER WALK.