20, WILLIAM CLOSE, BANBURY, OX16 0UE - £365,000

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.

20 WILLIAM CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £438,073. It was last sold for £365,000 in August 2020, which was around 23% below the average August 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

20 WILLIAM CLOSE Sold Prices

Land registry data shows five sales for 20 WILLIAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 20 WILLIAM 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
2020 17 AUG	£365,000	£474,129	23% below HPI
2012 30 NOV	£280,000	£348,744	20% below HPI
2003 4 AUG	£220,000	£281,392	22% below HPI
2001 18 MAY	£168,500	£201,824	17% below HPI
1999 11 MAY	£132,500	£145,611	9% below HPI

20 WILLIAM 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 five 20 WILLIAM CLOSE sales between May 1999 and August 2020 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 November 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 20 WILLIAM CLOSE be worth now?

20 WILLIAM CLOSE might now be worth an estimated £438,073.

This is based on house price inflation of 20%, between August 2020 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% inflationary increase is applied to the most recent sale price for 20 WILLIAM CLOSE of £365,000 on 17th August 2020. For the value to have increased from £365,000 to £438,073 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 20 WILLIAM CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 20 WILLIAM CLOSE has not materially changed since August 2020.

How Large is 20 WILLIAM CLOSE?

20 WILLIAM CLOSE is 109m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% 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 20 WILLIAM CLOSE lies on this distribution: 46% of detached houses houses are smaller than 20 WILLIAM CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Banbury.

20 WILLIAM CLOSE: Plot and Title Map

20 WILLIAM CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 20 WILLIAM 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 20 WILLIAM 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 20 WILLIAM CLOSE?

20 WILLIAM CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 20 on WILLIAM CLOSE.