1, LONGLEAT CLOSE, BANBURY, OX16 9TG - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LONGLEAT CLOSE is a large extended detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £409,341. It was last sold for £335,000 in May 2016, which was around 28% below the average May 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

1 LONGLEAT CLOSE Sold Prices

Land registry data shows two sales for 1 LONGLEAT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 1 LONGLEAT CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 12 MAY	£335,000	£465,704	28% below HPI
2011 1 AUG	£250,000	£349,693	29% below HPI

1 LONGLEAT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 1 LONGLEAT CLOSE sales from August 2011 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 LONGLEAT CLOSE be worth now?

1 LONGLEAT CLOSE might now be worth an estimated £409,341.

This is based on house price inflation of 22.2%, between May 2016 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 1 LONGLEAT CLOSE of £335,000 on 12th May 2016. For the value to have increased from £335,000 to £409,341 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 LONGLEAT CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2016 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LONGLEAT CLOSE has not materially changed since May 2016.

How Large is 1 LONGLEAT CLOSE?

1 LONGLEAT CLOSE is 135m², which includes two extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 1 LONGLEAT CLOSE lies on this distribution: 79% of detached houses houses are smaller than 1 LONGLEAT CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 LONGLEAT CLOSE: Plot and Title Map

1 LONGLEAT CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 LONGLEAT CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 LONGLEAT CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 LONGLEAT CLOSE?

1 LONGLEAT CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on LONGLEAT CLOSE.