2, MICHAELMAS CLOSE, MIDDLETON CHENEY, BANBURY, OX17 2GS - £875,000

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 MICHAELMAS CLOSE is a very large detached house of 208m², built sometime between 1996 and 2002. It was last sold for £875,000 in June 2021, which was around 116% above the average June 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

2 MICHAELMAS CLOSE Sold Prices

Land registry data shows three sales for 2 MICHAELMAS 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 West Northamptonshire local authority area for the corresponding sale date. All of the three 2 MICHAELMAS 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
2021 30 JUN	£875,000	£404,279	116% above HPI
2016 31 MAR	£645,000	£342,208	88% above HPI
2002 29 OCT	£546,250	£201,519	171% above HPI

2 MICHAELMAS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 2 MICHAELMAS CLOSE sales between October 2002 and June 2021 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 2016 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the June 2021 sale, where it rises to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is 2 MICHAELMAS CLOSE?

2 MICHAELMAS CLOSE is 208m² according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses in Middleton Cheney, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton Cheney, and where 2 MICHAELMAS CLOSE lies on this distribution: 93% of detached houses are smaller than 2 MICHAELMAS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Middleton Cheney.

2 MICHAELMAS CLOSE: Plot and Title Map

2 MICHAELMAS CLOSE sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of 2 MICHAELMAS 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 MICHAELMAS 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 MICHAELMAS CLOSE?

2 MICHAELMAS CLOSE is located in MIDDLETON CHENEY, in the OX17 postcode district. The below map shows the position of No. 2 on MICHAELMAS CLOSE.