2, FISHER CLOSE, BANBURY, OX16 3ZW - £375,000

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.

2 FISHER CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £453,543. It was last sold for £375,000 in February 2019, which was around 20% below the average February 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

2 FISHER CLOSE Sold Prices

Land registry data shows three sales for 2 FISHER 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 2 FISHER 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
2019 20 FEB	£375,000	£470,504	20% below HPI
2005 6 SEP	£240,000	£300,397	20% below HPI
2001 26 JAN	£169,995	£188,479	10% below HPI

2 FISHER 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 2 FISHER CLOSE sales between January 2001 and February 2019 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 September 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2019 sale, which was also at 20% below the HPI.

What might 2 FISHER CLOSE be worth now?

2 FISHER CLOSE might now be worth an estimated £453,543.

This is based on house price inflation of 20.9%, between February 2019 and February 2025, for 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 20.9% inflationary increase is applied to the most recent sale price for 2 FISHER CLOSE of £375,000 on 20th February 2019. For the value to have increased from £375,000 to £453,543 over the six years to February 2025, the following assumptions must hold true:

• The value of 2 FISHER CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FISHER CLOSE has not materially changed since February 2019.

How Large is 2 FISHER CLOSE?

2 FISHER CLOSE is 119m² according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 2 FISHER CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 FISHER CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 FISHER CLOSE: Plot and Title Map

2 FISHER CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 FISHER 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 FISHER 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 FISHER CLOSE?

2 FISHER CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 2 on FISHER CLOSE.