2, GRIFFIN CLOSE, TWYFORD, BANBURY, OX17 3HR - £272,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GRIFFIN CLOSE is a very small detached house of 102m², built sometime between 2003 and 2006. It was last sold for £272,000 in April 2011, which was around 21% below the average April 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

2 GRIFFIN CLOSE Sold Prices

Land registry data shows three sales for 2 GRIFFIN 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 GRIFFIN 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
2011 19 APR	£272,000	£343,277	21% below HPI
2010 25 JAN	£230,000	£328,411	30% below HPI
2003 19 DEC	£261,995	£276,794	5% below HPI

2 GRIFFIN 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 GRIFFIN CLOSE sales between December 2003 and April 2011 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 January 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 GRIFFIN CLOSE?

2 GRIFFIN CLOSE is 102m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Twyford, based on EPC data. The below chart shows the distribution of detached houses by size in Twyford, and where 2 GRIFFIN CLOSE lies on this distribution: 16% of detached houses are smaller than 2 GRIFFIN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Twyford.

2 GRIFFIN CLOSE: Plot and Title Map

2 GRIFFIN CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 2 GRIFFIN 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 GRIFFIN 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 GRIFFIN CLOSE?

2 GRIFFIN CLOSE is located in TWYFORD, in the OX17 postcode district. The below map shows the position of No. 2 on GRIFFIN CLOSE.