Feb 07, 2023 by HM

House prices in Barford (CV35 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Barford (CV35 8).

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Price per square metre

Knowing the average house price in Barford is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 23, The Spinney, Barford, Wellesbourne, sold for £590,000 on Oct-2023. Given the internal area of 123 square metres, the price per sqm is £4,796.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 124 sales in Barford (CV35 8) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Barford (CV35 8). Of the 124 transactions, half were sold for between £3,530 and £4,800 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,800m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CV35 8' is £4,310. The table below shows how 'CV35 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CV35 8 Barford	£3,530m2	£4,310m2	£4,800m2
CV35 7 Hatton Park	£3,700m2	£4,350m2	£4,900m2
CV35 9 Wellesbourne	£3,360m2	£3,830m2	£4,160m2
CV35 0 Kineton	£3,370m2	£3,730m2	£4,500m2

Will Barford house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CV35 8 (Barford). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CV35 8 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Barford and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Barford data or any other data I am given.

Price map for Barford

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Barford. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Barford

Street level data

Street	Avg size	Avg £/m2	Recent sales
Church Street, Barford, CV35 8E	92m2	£3,596	9
Langley Road, Barford, CV35 8P	203m2	£4,592	8
Station Road, Barford, CV35 8X	115m2	£3,829	8
Church Street, Barford, CV35 8B	117m2	£4,468	7
Gould Road, Barford, CV35 8T	99m2	£3,434	7
Bremridge Close, Barford, CV35 8D	73m2	£3,853	7
Arras Boulevard, Barford, CV35 8T	94m2	£3,918	7
Wellesbourne Road, Barford, CV35 8D	98m2	£3,555	6

Search for your street here.

Raw data

Our analysis of Barford is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
23, The Spinney, Barford, Wellesbourne	£590,000 Oct-2023	123	4,796
2, Churchfield Close, Barford, Wellesbourne	£510,000 Sep-2023	95	5,368
Rosewood, Gannaway, Barford, Wellesbourne	£443,000 Sep-2023	151	2,933

See the entire list of all sales in Barford (CV35 8) here.