16, PITMASTON CLOSE, BANBURY, OX16 1AH - £285,000

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

16 PITMASTON CLOSE is a small detached house of 90m², built sometime between 2003 and 2006. It was last sold for £285,000 in March 2021, which was around 41% below the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

16 PITMASTON CLOSE Sold Prices

Land registry data shows four sales for 16 PITMASTON 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 PITMASTON 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 22 MAR	£285,000	£487,015	41% below HPI
2015 4 DEC	£240,000	£456,112	47% below HPI
2005 21 OCT	£199,950	£302,700	34% below HPI
2003 25 APR	£175,000	£275,269	36% below HPI

16 PITMASTON 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 PITMASTON CLOSE sales between April 2003 and March 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 December 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 16 PITMASTON CLOSE?

16 PITMASTON CLOSE is 90m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 PITMASTON CLOSE lies on this distribution: 22% of detached houses are smaller than 16 PITMASTON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Banbury.

16 PITMASTON CLOSE: Plot and Title Map

16 PITMASTON CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 16 PITMASTON 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 PITMASTON 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 PITMASTON CLOSE?

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