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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 HEATH CLOSE is a small detached house of 113m², built sometime between 1967 and 1975. It was last sold for £460,000 in February 2020, which was around 3% below the average February 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

15 HEATH CLOSE Sold Prices

Land registry data shows five sales for 15 HEATH 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. Most of the five 15 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
2020 14 FEB	£460,000	£475,059	3% below HPI
2016 28 JAN	£490,000	£456,735	7% above HPI
2010 8 OCT	£250,000	£353,105	29% below HPI
2008 25 FEB	£269,950	£347,484	22% below HPI
1995 31 MAR	£74,000	£94,954	22% below HPI

15 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 five 15 HEATH CLOSE sales between March 1995 and February 2020 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 January 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 HEATH CLOSE?

15 HEATH CLOSE is 113m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses in Milcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Milcombe, and where 15 HEATH CLOSE lies on this distribution: 39% of detached houses are smaller than 15 HEATH CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Milcombe.

15 HEATH CLOSE: Plot and Title Map

15 HEATH CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 15 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 15 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 15 HEATH CLOSE?

15 HEATH CLOSE is located in MILCOMBE, in the OX15 postcode district. The below map shows the position of No. 15 on HEATH CLOSE.