40 Verney Road, Banbury, OX16 4QW is a leasehold flat built in 2007 onwards. The property offers approximately 366 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £151,851 , which equates to approximately £415 per square foot. It was last sold on 20 Jan 2017 for £133,500. Since then, the value has increased by £18,351, representing a 13.7% increase, or approximately 1.5% per year.

The current estimated value of £151,851 is:

  • 24.3% lower than the average property price on Verney Road
  • 22.2% lower than the average in the OX16 4QW postcode area
  • and 55.3% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 11 February 2016, the property was recorded as owner-occupied.

View sold house prices in OX16 4QW

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
366 sq ft
Tenure
Leasehold
Price (estimate)
£151,851
Price Per sq ft (estimate)
£415
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Verney Road, Banbury, Cherwell, Oxfordshire, OX16 4QW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Feb 2016.

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 30 Apr 2009, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 17.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to room heaters, electric, improving energy efficiency from n/a to very poor.
  • The hot water system was changed from sap05:hot-water to electric immersion, standard tariff, with its energy efficiency improving from n/a to very poor.
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m²k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to OX16 4QW

44 th / 53
Price Rank
22% lower than average
41 st / 48
Size Rank
30% smaller than average
12 th / 48
Price Per Sq FT Rank
11% higher than average

Compared to other properties in OX16 4QW , this flat's estimated value ranks 44th out of 53. Based on price per square foot, it ranks 12th 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 41th out of 48 properties in its postcode area.

Sale History

Today
£151,851
streetscan.co.uk estimate
+14 %
20 Jan 2017
£133,500
Leasehold
-2.7 %
30 Jun 2016
£137,200
Leasehold
+18.3 %
30 Sep 2010
£116,000
Leasehold

Area Insights

Similar Properties Sold Nearby

50 Verney Road, Banbury, OX16 4QW
rooms: 2
size: 334 sq ft
sale price: £145,000
sale date: 16 Dec 2024
52 Verney Road, Banbury, OX16 4QW
rooms: 2
size: 344 sq ft
sale price: £135,000
sale date: 9 Dec 2024
60 Verney Road, Banbury, OX16 4QW
rooms: 2
size: 388 sq ft
sale price: £135,000
sale date: 18 Dec 2020
16 Verney Road, Banbury, OX16 4QW
rooms: 3
size: 409 sq ft
sale price: £141,000
sale date: 21 Oct 2019
54 Verney Road, Banbury, OX16 4QW
rooms: 2
size: 323 sq ft
sale price: £139,995
sale date: 4 May 2018

Data Sources

The property at 40 Verney Road, Banbury, OX16 4QW appears three times in the Land Registry records, with the latest transaction recorded on 20 Jan 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Feb 2016. 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.
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