3, HORSHAM CLOSE, BANBURY, OX16 1XR - £255,000

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

3 HORSHAM CLOSE is a very small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £337,537. It was last sold for £255,000 in February 2016, which was around 6% below the average February 2016 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

3 HORSHAM CLOSE Sold Prices

Land registry data shows three sales for 3 HORSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Two of the three 3 HORSHAM CLOSE sales were for below the average price, whilst one was for above 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
2016 12 FEB	£255,000	£271,053	6% below HPI
2002 22 NOV	£165,000	£147,113	12% above HPI
2001 31 AUG	£110,000	£116,839	6% below HPI

3 HORSHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 3 HORSHAM CLOSE sales between August 2001 and February 2016 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 November 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 HORSHAM CLOSE be worth now?

3 HORSHAM CLOSE might now be worth an estimated £337,537.

This is based on house price inflation of 32.4%, between February 2016 and December 2024, for semi-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 32.4% inflationary increase is applied to the most recent sale price for 3 HORSHAM CLOSE of £255,000 on 12th February 2016. For the value to have increased from £255,000 to £337,537 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 3 HORSHAM CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The February 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HORSHAM CLOSE has not materially changed since February 2016.

How Large is 3 HORSHAM CLOSE?

3 HORSHAM CLOSE is 74m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 3 HORSHAM CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 HORSHAM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 HORSHAM CLOSE: Plot and Title Map

3 HORSHAM CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 3 HORSHAM 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 HORSHAM 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 HORSHAM CLOSE?

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