13, HEATH CLOSE, MILCOMBE, BANBURY, OX15 4RZ - £460,000

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 HEATH CLOSE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £482,493. It was last sold for £460,000 in November 2023, which was around 15% below the average November 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

13 HEATH CLOSE Sold Prices

Land registry data shows two sales for 13 HEATH 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 HEATH 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 10 NOV	£460,000	£542,522	15% below HPI
2013 6 AUG	£287,000	£357,619	20% below HPI

13 HEATH 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 HEATH CLOSE sales from August 2013 and November 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 13 HEATH CLOSE be worth now?

13 HEATH CLOSE might now be worth an estimated £482,493.

This is based on house price inflation of 4.9%, between November 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 4.9% inflationary increase is applied to the most recent sale price for 13 HEATH CLOSE of £460,000 on 10th November 2023. For the value to have increased from £460,000 to £482,493 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 13 HEATH CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2023 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 13 HEATH CLOSE has not materially changed since November 2023.

How Large is 13 HEATH CLOSE?

13 HEATH CLOSE is 120m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses houses in Milcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milcombe, and where 13 HEATH CLOSE lies on this distribution: 45% of detached houses houses are smaller than 13 HEATH CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Milcombe.

13 HEATH CLOSE: Plot and Title Map

13 HEATH CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 13 HEATH 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 HEATH 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 HEATH CLOSE?

13 HEATH CLOSE is located in MILCOMBE, in the OX15 postcode district. The below map shows the position of No. 13 on HEATH CLOSE.