15, FIRTREE CLOSE, BANBURY, OX16 1JS - £531,000

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

15 FIRTREE CLOSE is a very large extended detached house of 163m², built sometime between 1991 and 1995. It was last sold for £531,000 in September 2022, which was around 7% below the average September 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

15 FIRTREE CLOSE Sold Prices

Land registry data shows two sales for 15 FIRTREE 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. One of the two 15 FIRTREE CLOSE sales was for below the average price, whilst the other was for above 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
2022 30 SEP	£531,000	£572,645	7% below HPI
1998 30 APR	£169,950	£134,258	27% above HPI

15 FIRTREE 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 15 FIRTREE CLOSE sales from April 1998 and September 2022 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 April 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 FIRTREE CLOSE?

15 FIRTREE CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 15 FIRTREE CLOSE lies on this distribution: 91% of detached houses are smaller than 15 FIRTREE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Banbury.

15 FIRTREE CLOSE: Plot and Title Map

15 FIRTREE CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 15 FIRTREE 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 15 FIRTREE 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 15 FIRTREE CLOSE?

15 FIRTREE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 15 on FIRTREE CLOSE.