2, POPLAR CLOSE, BANBURY, OX16 9EU - £325,000

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 POPLAR CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £325,000 in August 2019, which was around 31% below the average August 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 POPLAR CLOSE Sold Prices

Land registry data shows three sales for 2 POPLAR 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 POPLAR 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 30 AUG	£325,000	£468,433	31% below HPI
2004 6 OCT	£250,000	£307,792	19% below HPI
2004 1 JUN	£160,000	£289,349	45% below HPI

2 POPLAR 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 POPLAR CLOSE sales between June 2004 and August 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 POPLAR CLOSE?

2 POPLAR CLOSE is 103m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 2 POPLAR CLOSE lies on this distribution: 39% of detached houses are smaller than 2 POPLAR CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 POPLAR CLOSE: Plot and Title Map

2 POPLAR CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 2 POPLAR 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 POPLAR 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 POPLAR CLOSE?

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