18, BERKELEY CLOSE, BANBURY, OX16 0UH - £315,000

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

18 BERKELEY CLOSE is a midsized detached house of 112m², built sometime between 1967 and 1975. It was last sold for £315,000 in December 2015, which was around 31% below the average December 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

18 BERKELEY CLOSE Sold Prices

Land registry data shows three sales for 18 BERKELEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 18 BERKELEY 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 8 DEC	£315,000	£456,112	31% below HPI
1998 7 AUG	£105,000	£143,995	27% below HPI
1996 28 JUN	£75,000	£99,385	25% below HPI

18 BERKELEY 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 three 18 BERKELEY CLOSE sales between June 1996 and December 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 August 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 18 BERKELEY CLOSE?

18 BERKELEY CLOSE is 112m² according to the EPC inspection conducted in December 2008. This puts it in the largest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 18 BERKELEY CLOSE lies on this distribution: 52% of detached houses are smaller than 18 BERKELEY CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Banbury.

18 BERKELEY CLOSE: Plot and Title Map

18 BERKELEY CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 18 BERKELEY 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 18 BERKELEY 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 18 BERKELEY CLOSE?

18 BERKELEY CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 18 on BERKELEY CLOSE.