8, TIMMS ROAD, BANBURY, OX16 9DJ - £333,000

8 TIMMS ROAD is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £333,000 in July 2019, which was around 28% below the average July 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

8 TIMMS ROAD Sold Prices

Land registry data shows five sales for 8 TIMMS ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 8 TIMMS ROAD 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
2019 30 JUL	£333,000	£464,489	28% below HPI
2013 29 OCT	£222,500	£371,727	40% below HPI
2006 15 JUN	£224,000	£316,545	29% below HPI
2001 16 JUL	£123,000	£210,067	41% below HPI
1997 26 JUN	£73,000	£112,689	35% below HPI

8 TIMMS ROAD 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 five 8 TIMMS ROAD sales between June 1997 and July 2019 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 October 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 TIMMS ROAD?

8 TIMMS ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in July 2018. 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 8 TIMMS ROAD lies on this distribution: 34% of detached houses are smaller than 8 TIMMS ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 TIMMS ROAD: Plot and Title Map

8 TIMMS ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 8 TIMMS ROAD, 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 TIMMS ROAD). 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 TIMMS ROAD?

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