2, BHANDARI CLOSE, OXFORD, OX4 3DT - £527,500

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

2 BHANDARI CLOSE is a small extended detached house of 106m², built sometime between 1991 and 1995. It was last sold for £527,500 in June 2023, which was around 40% below the average June 2023 detached price in the Oxford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

2 BHANDARI CLOSE Sold Prices

Land registry data shows four sales for 2 BHANDARI 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 Oxford local authority area for the corresponding sale date. All of the four 2 BHANDARI 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
2023 20 JUN	£527,500	£883,138	40% below HPI
2016 25 NOV	£420,000	£815,908	49% below HPI
2006 22 MAY	£275,000	£465,633	41% below HPI
1998 20 APR	£129,500	£198,411	35% below HPI

2 BHANDARI CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oxford local authority area over time, sourced from the HPI. The four 2 BHANDARI CLOSE sales between April 1998 and June 2023 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 November 2016 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 BHANDARI CLOSE?

2 BHANDARI CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses by size in Oxford, and where 2 BHANDARI CLOSE lies on this distribution: 28% of detached houses are smaller than 2 BHANDARI CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Oxford.

2 BHANDARI CLOSE: Plot and Title Map

2 BHANDARI CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 BHANDARI 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 2 BHANDARI 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 2 BHANDARI CLOSE?

2 BHANDARI CLOSE is located in OXFORD, in the OX4 postcode district. The below map shows the position of No. 2 on BHANDARI CLOSE.