56 Verney Road, Banbury, OX16 4QW is a leasehold flat built between 2007-2011. The property offers approximately 463 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £152,693 , which equates to approximately £330 per square foot. It was last sold on 24 Feb 2023 for £155,000. Since then, the value has decreased by £2,307, representing a 1.5% decrease, or approximately 0.5% per year.

The current estimated value of £152,693 is:

  • 23.9% lower than the average property price on Verney Road
  • 21.7% lower than the average in the OX16 4QW postcode area
  • and 55.0% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 17 August 2022, the property was recorded as owner-occupied.

View sold house prices in OX16 4QW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£152,693
Price Per sq ft (estimate)
£330
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Verney Road, Banbury, Cherwell, Oxfordshire, OX16 4QW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Aug 2022.

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 C reflects a decline in energy efficiency of 11%.

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 roof construction or insulation changed from average thermal transmittance 0.15 w/m²k to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m²k to timber frame, 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 all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to OX16 4QW

47 th / 53
Price Rank
22% lower than average
34 th / 48
Size Rank
11% smaller than average
23 rd / 48
Price Per Sq FT Rank
12% lower than average

Compared to other properties in OX16 4QW , this flat's estimated value ranks 47th out of 53. Based on price per square foot, it ranks 23th out of 48 properties. In terms of size, this home ranks 34th out of 48 properties in its postcode area.

Sale History

Today
£152,693
streetscan.co.uk estimate
-1 %
24 Feb 2023
£155,000
Leasehold
+34.8 %
30 Sep 2010
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

16 Verney Road, Banbury, OX16 4QW
rooms: 3
size: 409 sq ft
sale price: £141,000
sale date: 21 Oct 2019
38 Verney Road, Banbury, OX16 4QW
rooms: 2
size: 398 sq ft
sale price: £128,500
sale date: 15 Aug 2014

Data Sources

The property at 56 Verney Road, Banbury, OX16 4QW appears two times in the Land Registry records, with the latest transaction recorded on 24 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Aug 2022. 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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