2, HIGHBANK CLOSE, OXFORD, OX3 0AF - £555,100

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 HIGHBANK CLOSE is a very small detached house of 88m², built sometime from 2012 onwards, which could now be worth an estimated £520,871. It was last sold for £555,100 in October 2024, which was around 46% below the average October 2024 detached price in the Oxford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

2 HIGHBANK CLOSE Sold Prices

Land registry data shows three sales for 2 HIGHBANK 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 Oxford local authority area for the corresponding sale date. Two of the three 2 HIGHBANK CLOSE sales were for below the average price, whilst one was 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
2024 21 OCT	£555,100	£1,034,460	46% below HPI
2013 26 APR	£309,700	£599,185	48% below HPI
2011 13 MAY	£575,000	£562,976	2% above HPI

2 HIGHBANK 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 three 2 HIGHBANK CLOSE sales between May 2011 and October 2024 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 April 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2024 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 HIGHBANK CLOSE be worth now?

2 HIGHBANK CLOSE might now be worth an estimated £520,871.

This is based on house price deflation of 6.2%, between October 2024 and February 2025, for detached houses, in the Oxford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% deflationary decrease is applied to the most recent sale price for 2 HIGHBANK CLOSE of £555,100 on 21st October 2024. For the value to have decreased from £555,100 to £520,871 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HIGHBANK CLOSE has moved in line with the HPI for detached houses in the Oxford local authority area.
• The October 2024 sale price of £555,100 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGHBANK CLOSE has not materially changed since October 2024.

How Large is 2 HIGHBANK CLOSE?

2 HIGHBANK CLOSE is 88m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxford, and where 2 HIGHBANK CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 HIGHBANK CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Oxford.

2 HIGHBANK CLOSE: Plot and Title Map

2 HIGHBANK CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 HIGHBANK 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 HIGHBANK 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 HIGHBANK CLOSE?

2 HIGHBANK CLOSE is located in OXFORD, in the OX3 postcode district. The below map shows the position of No. 2 on HIGHBANK CLOSE.