13, RIBSTON CLOSE, BANBURY, OX16 1AW - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

13 RIBSTON CLOSE is a very small detached house of 72m², built sometime between 2003 and 2006. It was last sold for £315,000 in August 2024, which was around 48% below the average August 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

13 RIBSTON CLOSE Sold Prices

Land registry data shows five sales for 13 RIBSTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 13 RIBSTON 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
2024 9 AUG	£315,000	£600,405	48% below HPI
2012 4 SEP	£207,500	£356,832	42% below HPI
2010 28 MAY	£193,000	£345,737	44% below HPI
2006 24 NOV	£190,000	£330,805	43% below HPI
2004 7 APR	£175,000	£285,918	39% below HPI

13 RIBSTON 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 five 13 RIBSTON CLOSE sales between April 2004 and August 2024 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 September 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 13 RIBSTON CLOSE?

13 RIBSTON CLOSE is 72m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 13 RIBSTON CLOSE lies on this distribution: 7% of detached houses are smaller than 13 RIBSTON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Banbury.

13 RIBSTON CLOSE: Plot and Title Map

13 RIBSTON CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 13 RIBSTON 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 RIBSTON 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 RIBSTON CLOSE?

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