22, GRIFFIN CLOSE, TWYFORD, BANBURY, OX17 3HR - £350,000

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.

22 GRIFFIN CLOSE is a small detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £432,597. It was last sold for £350,000 in February 2017, which was around 24% below the average February 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

22 GRIFFIN CLOSE Sold Prices

Land registry data shows two sales for 22 GRIFFIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. One of the two 22 GRIFFIN CLOSE sales was for below the average price, whilst the other 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
2017 24 FEB	£350,000	£460,400	24% below HPI
2003 19 SEP	£279,995	£277,225	1% above HPI

22 GRIFFIN 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 two 22 GRIFFIN CLOSE sales from September 2003 and February 2017 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 September 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 22 GRIFFIN CLOSE be worth now?

22 GRIFFIN CLOSE might now be worth an estimated £432,597.

This is based on house price inflation of 23.6%, between February 2017 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 23.6% inflationary increase is applied to the most recent sale price for 22 GRIFFIN CLOSE of £350,000 on 24th February 2017. For the value to have increased from £350,000 to £432,597 over the eight years to February 2025, the following assumptions must hold true:

• The value of 22 GRIFFIN CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GRIFFIN CLOSE has not materially changed since February 2017.

How Large is 22 GRIFFIN CLOSE?

22 GRIFFIN CLOSE is 109m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses houses in Twyford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Twyford, and where 22 GRIFFIN CLOSE lies on this distribution: 22% of detached houses houses are smaller than 22 GRIFFIN CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Twyford.

22 GRIFFIN CLOSE: Plot and Title Map

22 GRIFFIN CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 22 GRIFFIN 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 22 GRIFFIN 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 22 GRIFFIN CLOSE?

22 GRIFFIN CLOSE is located in TWYFORD, in the OX17 postcode district. The below map shows the position of No. 22 on GRIFFIN CLOSE.