16, MALVERN CLOSE, BANBURY, OX16 9EL - £317,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 MALVERN CLOSE is a very small semi-detached house of 85m², built sometime between 1950 and 1966. It was last sold for £317,000 in June 2021, which was around 37% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

16 MALVERN CLOSE Sold Prices

Land registry data shows four sales for 16 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 16 MALVERN 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
2021 28 JUN	£317,000	£501,795	37% below HPI
2009 12 OCT	£185,000	£324,335	43% below HPI
2006 15 FEB	£177,500	£304,694	42% below HPI
1998 31 JUL	£86,000	£141,819	39% below HPI

16 MALVERN 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 four 16 MALVERN CLOSE sales between July 1998 and June 2021 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 October 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 MALVERN CLOSE?

16 MALVERN CLOSE is 85m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 16 MALVERN CLOSE lies on this distribution: 16% of detached houses are smaller than 16 MALVERN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Banbury.

16 MALVERN CLOSE: Plot and Title Map

16 MALVERN CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 16 MALVERN 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 16 MALVERN 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 16 MALVERN CLOSE?

16 MALVERN CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 16 on MALVERN CLOSE.