3, ASHRIDGE CLOSE, BANBURY, OX16 9UE - £495,000

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

3 ASHRIDGE CLOSE is a very large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £495,000 in February 2023, which was around 14% below the average February 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

3 ASHRIDGE CLOSE Sold Prices

Land registry data shows three sales for 3 ASHRIDGE 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 3 ASHRIDGE 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 28 FEB	£495,000	£575,344	14% below HPI
2021 29 OCT	£440,000	£509,837	14% below HPI
2013 6 SEP	£283,000	£367,449	23% below HPI

3 ASHRIDGE 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 3 ASHRIDGE CLOSE sales between September 2013 and February 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 October 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2023 sale, which was also at 14% below the HPI.

How Large is 3 ASHRIDGE CLOSE?

3 ASHRIDGE CLOSE is 142m², which includes four extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 3 ASHRIDGE CLOSE lies on this distribution: 81% of detached houses are smaller than 3 ASHRIDGE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 ASHRIDGE CLOSE: Plot and Title Map

3 ASHRIDGE CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 3 ASHRIDGE 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 3 ASHRIDGE 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 3 ASHRIDGE CLOSE?

3 ASHRIDGE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 3 on ASHRIDGE CLOSE.