5, Hereford Way
5, Hereford Way
Description & Estimates
5, Hereford Way, Banbury is recorded publicly as a modern freehold house across 1,076 ft2 of internal area, sitting on a 261 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Hereford Way, Banbury is £324,730 and its rental estimate is £1,406 per month, given the available information and assuming reasonable condition.
Hereford Way, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
5, Hereford Way, Banbury has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Hereford Way, Banbury, we estimate a market value of £340,966 and a rental value of £1,476 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,999 and £1,307 per month respectively.
Recent Market Change
Over the last year, 5, Hereford Way, Banbury has seen its estimated sale value fall by £4,449 (1.4%) and its estimated rental value move up by £44 per month (3.1%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 5, Hereford Way, Banbury as measuring 261 m2.
That makes it the 4th largest plot in the postcode, where all 26 other houses have recorded plot data.
Energy Efficiency
5, Hereford Way, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Hereford Way, Banbury completed on 14th October 2022 at £305,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.7% over the period since October 2022.
- Sold Oct 2022£305,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Hereford Way, Banbury have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2025, was 8, Thyme Close, Banbury, OX16 1WH, a freehold house which sold for £315,000.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 68 addresses on Hereford Way, Banbury, OX16, 5, Hereford Way, Banbury comes out as the 7th largest and the 14th most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the OX16 district.
More reading links
Schools Nearby
- 500mHardwick Primary School and Nursery
- 800mHanwell Fields Community School
- 1.0kmHill View Primary School
- 900mNorth Oxfordshire Academy
- 3.2kmFutures Institute Banbury
- 3.3kmWykham Park
More reading links
Public Transport Nearby
From 5, Hereford Way, Banbury, the nearest station is Banbury, 2.8 kilometres away.
- 2.8kmBanbury
- 8.2kmKings Sutton
- 18.1kmHeyford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
