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 WARKWORTH CLOSE is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £249,000 in June 2015, which was around 43% below the average June 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows eight sales for 16 WARKWORTH CLOSE since 1st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the eight 16 WARKWORTH 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 |
---|---|---|---|
2015 30 JUN | £249,000 | £434,557 | 43% below HPI |
2010 28 JUN | £217,000 | £347,946 | 38% below HPI |
2007 30 MAR | £223,500 | £332,867 | 33% below HPI |
2004 10 SEP | £220,000 | £305,025 | 28% below HPI |
2001 24 AUG | £145,950 | £208,652 | 30% below HPI |
2001 27 APR | £152,000 | £200,565 | 24% below HPI |
1999 8 SEP | £115,500 | £163,028 | 29% below HPI |
1997 4 APR | £89,950 | £110,664 | 19% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The eight 16 WARKWORTH CLOSE sales between April 1997 and June 2015 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 June 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
16 WARKWORTH CLOSE is 90m² according to the EPC inspection conducted in March 2010. 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 WARKWORTH CLOSE lies on this distribution: 22% of detached houses are smaller than 16 WARKWORTH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Banbury.
16 WARKWORTH CLOSE sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 16 WARKWORTH 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 WARKWORTH 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.
16 WARKWORTH CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 16 on WARKWORTH CLOSE.