13, BETTS CLOSE, BANBURY, OX16 9ZN - £515,000

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.

13 BETTS CLOSE is a large detached house of 128m², built in 2021, which could now be worth an estimated £545,985. It was last sold for £515,000 in December 2023, which was around 4% below the average December 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was B.

13 BETTS CLOSE Sold Prices

Land registry data shows two sales for 13 BETTS 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 13 BETTS 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 18 DEC	£515,000	£536,756	4% below HPI
2021 23 JUL	£425,950	£495,968	14% below HPI

13 BETTS 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 13 BETTS CLOSE sales from July 2021 and December 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 July 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 13 BETTS CLOSE be worth now?

13 BETTS CLOSE might now be worth an estimated £545,985.

This is based on house price inflation of 6%, between December 2023 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 6% inflationary increase is applied to the most recent sale price for 13 BETTS CLOSE of £515,000 on 18th December 2023. For the value to have increased from £515,000 to £545,985 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 13 BETTS CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2023 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 13 BETTS CLOSE has not materially changed since December 2023.

How Large is 13 BETTS CLOSE?

13 BETTS CLOSE is 128m² according to the EPC inspection conducted in June 2021. 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 13 BETTS CLOSE lies on this distribution: 70% of detached houses houses are smaller than 13 BETTS CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Banbury.

13 BETTS CLOSE: Plot and Title Map

13 BETTS CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 13 BETTS 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 13 BETTS 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 13 BETTS CLOSE?

13 BETTS CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 13 on BETTS CLOSE.