28, WOBURN CLOSE, BANBURY, OX16 4FT - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 WOBURN CLOSE is a large extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £468,254. It was last sold for £240,000 in November 2005, which was around 20% below the average November 2005 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

28 WOBURN CLOSE Sold Prices

Land registry data shows three sales for 28 WOBURN 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 28 WOBURN 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
2005 30 NOV	£240,000	£299,702	20% below HPI
2003 1 SEP	£227,000	£277,225	18% below HPI
1996 13 DEC	£90,000	£98,781	9% below HPI

28 WOBURN 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 28 WOBURN CLOSE sales between December 1996 and November 2005 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2005 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 28 WOBURN CLOSE be worth now?

28 WOBURN CLOSE might now be worth an estimated £468,254.

This is based on house price inflation of 95.1%, between November 2005 and December 2024, 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 95.1% inflationary increase is applied to the most recent sale price for 28 WOBURN CLOSE of £240,000 on 30th November 2005. For the value to have increased from £240,000 to £468,254 over the eighteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 28 WOBURN CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2005 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WOBURN CLOSE has not materially changed since November 2005.

How Large is 28 WOBURN CLOSE?

28 WOBURN CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 30% 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 28 WOBURN CLOSE lies on this distribution: 70% of detached houses houses are smaller than 28 WOBURN CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Banbury.

28 WOBURN CLOSE: Plot and Title Map

28 WOBURN CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 28 WOBURN 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 28 WOBURN 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 28 WOBURN CLOSE?

28 WOBURN CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 28 on WOBURN CLOSE.