3, HILLSIDE CLOSE, BANBURY, OX16 9YT - £337,200

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 HILLSIDE CLOSE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £337,200 in April 2022, which was around 37% below the average April 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

3 HILLSIDE CLOSE Sold Prices

Land registry data shows two sales for 3 HILLSIDE 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. Both of the two 3 HILLSIDE 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
2022 4 APR	£337,200	£536,065	37% below HPI
2003 31 JAN	£157,000	£271,807	42% below HPI

3 HILLSIDE 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 3 HILLSIDE CLOSE sales from January 2003 and April 2022 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 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 HILLSIDE CLOSE?

3 HILLSIDE CLOSE is 80m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 HILLSIDE CLOSE lies on this distribution: 12% of detached houses are smaller than 3 HILLSIDE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 HILLSIDE CLOSE: Plot and Title Map

3 HILLSIDE CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 HILLSIDE 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 HILLSIDE 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 HILLSIDE CLOSE?

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