3, HIGHBANK CLOSE, OXFORD, OX3 0AF - £470,000

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 HIGHBANK CLOSE is a very small detached house of 85m², built sometime between 2007 and 2011. It was last sold for £470,000 in August 2021, which was around 45% below the average August 2021 detached price in the Oxford local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

3 HIGHBANK CLOSE Sold Prices

Land registry data shows two sales for 3 HIGHBANK 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 Oxford local authority area for the corresponding sale date. Both of the two 3 HIGHBANK 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
2021 25 AUG	£470,000	£855,544	45% below HPI
2013 4 JAN	£340,000	£596,446	43% below HPI

3 HIGHBANK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oxford local authority area over time, sourced from the HPI. The two 3 HIGHBANK CLOSE sales from January 2013 and August 2021 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 January 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 HIGHBANK CLOSE?

3 HIGHBANK CLOSE is 85m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses by size in Oxford, and where 3 HIGHBANK CLOSE lies on this distribution: 13% of detached houses are smaller than 3 HIGHBANK CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Oxford.

3 HIGHBANK CLOSE: Plot and Title Map

3 HIGHBANK CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 3 HIGHBANK 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 HIGHBANK 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 HIGHBANK CLOSE?

3 HIGHBANK CLOSE is located in OXFORD, in the OX3 postcode district. The below map shows the position of No. 3 on HIGHBANK CLOSE.