18, PITMASTON CLOSE, BANBURY, OX16 1AH - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 PITMASTON CLOSE is a midsized semi-detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £550,989. It was last sold for £320,000 in June 2012, which was around 58% above the average June 2012 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

18 PITMASTON CLOSE Sold Prices

Land registry data shows two sales for 18 PITMASTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 18 PITMASTON CLOSE sales were for above 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
2012 29 JUN	£320,000	£202,207	58% above HPI
2003 7 MAR	£225,000	£158,561	42% above HPI

18 PITMASTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 18 PITMASTON CLOSE sales from March 2003 and June 2012 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 March 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2012 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 18 PITMASTON CLOSE be worth now?

18 PITMASTON CLOSE might now be worth an estimated £550,989.

This is based on house price inflation of 72.2%, between June 2012 and February 2025, for semi-detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.2% inflationary increase is applied to the most recent sale price for 18 PITMASTON CLOSE of £320,000 on 29th June 2012. For the value to have increased from £320,000 to £550,989 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 18 PITMASTON CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The June 2012 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PITMASTON CLOSE has not materially changed since June 2012.

How Large is 18 PITMASTON CLOSE?

18 PITMASTON CLOSE is 119m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 18 PITMASTON CLOSE lies on this distribution: 60% of semi-detached houses houses are smaller than 18 PITMASTON CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Banbury.

18 PITMASTON CLOSE: Plot and Title Map

18 PITMASTON CLOSE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 18 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 18 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 18 PITMASTON CLOSE?

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