1, PITMASTON CLOSE, BANBURY, OX16 1AH - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 PITMASTON CLOSE is a very small semi-detached house of 79m², built sometime between 2003 and 2006. It was last sold for £300,000 in April 2023, which was around 48% below the average April 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

1 PITMASTON CLOSE Sold Prices

Land registry data shows three sales for 1 PITMASTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 1 PITMASTON 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
2023 14 APR	£300,000	£574,989	48% below HPI
2007 31 AUG	£213,000	£355,536	40% below HPI
2002 18 DEC	£142,500	£267,134	47% below HPI

1 PITMASTON 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 three 1 PITMASTON CLOSE sales between December 2002 and April 2023 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 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 1 PITMASTON CLOSE?

1 PITMASTON CLOSE is 79m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 1 PITMASTON CLOSE lies on this distribution: 11% of detached houses are smaller than 1 PITMASTON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 PITMASTON CLOSE: Plot and Title Map

1 PITMASTON CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 PITMASTON 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 PITMASTON 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 PITMASTON CLOSE?

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