16 Verney Road, Banbury, OX16 4QW is a leasehold flat built between 1991-1995. The property offers approximately 409 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £167,280 , which equates to approximately £409 per square foot. It was last sold on 21 Oct 2019 for £141,000. Since then, the value has increased by £26,280, representing a 18.6% increase, or approximately 3.0% per year.

The current estimated value of £167,280 is:

  • 16.6% lower than the average property price on Verney Road
  • 14.2% lower than the average in the OX16 4QW postcode area
  • and 50.7% lower than the average price for Banbury as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 6 October 2020, the property was recorded as owner-occupied.

View sold house prices in OX16 4QW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£167,280
Price Per sq ft (estimate)
£409
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Verney Road, Banbury, Cherwell, Oxfordshire, OX16 4QW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 6 Oct 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 May 2019, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 22.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 71% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to OX16 4QW

18 th / 53
Price Rank
14% lower than average
35 th / 48
Size Rank
22% smaller than average
7 th / 48
Price Per Sq FT Rank
10% higher than average

Compared to other properties in OX16 4QW , this flat's estimated value ranks 18th out of 53. Based on price per square foot, it ranks 7th out of 48 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 35th out of 48 properties in its postcode area.

Sale History

Today
£167,280
streetscan.co.uk estimate
+19 %
21 Oct 2019
£141,000
Leasehold
+1.1 %
7 Oct 2011
£139,500
Leasehold
+3.3 %
23 Apr 2010
£135,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £155,000
sale date: 24 Feb 2023
rooms: 2
size: 388 sq ft
sale price: £135,000
sale date: 18 Dec 2020
rooms: 2
size: 366 sq ft
sale price: £133,500
sale date: 20 Jan 2017
rooms: 2
size: 366 sq ft
sale price: £139,000
sale date: 16 Sep 2016
rooms: 2
size: 398 sq ft
sale price: £128,500
sale date: 15 Aug 2014

Data Sources

The property at 16 Verney Road, Banbury, OX16 4QW appears three times in the Land Registry records, with the latest transaction recorded on 21 Oct 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Oct 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.