25, RIDGE CLOSE, BANBURY, OX16 9BJ - £227,500

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

25 RIDGE CLOSE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £227,500 in August 2010, which was around 35% below the average August 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

25 RIDGE CLOSE Sold Prices

Land registry data shows three sales for 25 RIDGE 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 25 RIDGE 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
2010 2 AUG	£227,500	£347,888	35% below HPI
2007 6 JUN	£222,500	£340,357	35% below HPI
1998 27 NOV	£85,000	£144,439	41% below HPI

25 RIDGE 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 25 RIDGE CLOSE sales between November 1998 and August 2010 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 June 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2010 sale, which was also at 35% below the HPI.

How Large is 25 RIDGE CLOSE?

25 RIDGE CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 25 RIDGE CLOSE lies on this distribution: 42% of detached houses are smaller than 25 RIDGE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Banbury.

25 RIDGE CLOSE: Plot and Title Map

25 RIDGE CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 25 RIDGE 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 25 RIDGE 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 25 RIDGE CLOSE?

25 RIDGE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 25 on RIDGE CLOSE.