21, THYME CLOSE, BANBURY, OX16 1WH - £305,000

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

21 THYME CLOSE is a very small detached house of 71m², built sometime between 2003 and 2006. It was last sold for £305,000 in January 2023, which was around 46% below the average January 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

21 THYME CLOSE Sold Prices

Land registry data shows four sales for 21 THYME CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 21 THYME 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
2023 23 JAN	£305,000	£569,255	46% below HPI
2021 2 MAR	£259,000	£487,015	47% below HPI
2019 27 MAR	£247,000	£473,030	48% below HPI
2006 22 DEC	£184,950	£333,181	44% below HPI

21 THYME 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 four 21 THYME CLOSE sales between December 2006 and January 2023 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 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2023 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 21 THYME CLOSE?

21 THYME CLOSE is 71m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 21 THYME CLOSE lies on this distribution: 6% of detached houses are smaller than 21 THYME CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Banbury.

21 THYME CLOSE: Plot and Title Map

21 THYME CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 21 THYME 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 21 THYME 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 21 THYME CLOSE?

21 THYME CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 21 on THYME CLOSE.