31, LONGWORTH CLOSE, BANBURY, OX16 3WN - £275,000

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

31 LONGWORTH CLOSE is a large detached house of 125m², built sometime between 1991 and 1995. It was last sold for £275,000 in April 2014, which was around 29% below the average April 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

31 LONGWORTH CLOSE Sold Prices

Land registry data shows four sales for 31 LONGWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 31 LONGWORTH 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
2014 14 APR	£275,000	£385,312	29% below HPI
2010 17 SEP	£240,000	£355,557	33% below HPI
2003 19 SEP	£63,000	£281,312	78% below HPI
2001 23 FEB	£147,500	£194,197	24% below HPI

31 LONGWORTH 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 four 31 LONGWORTH CLOSE sales between February 2001 and April 2014 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 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 31 LONGWORTH CLOSE?

31 LONGWORTH CLOSE is 125m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 31 LONGWORTH CLOSE lies on this distribution: 68% of detached houses are smaller than 31 LONGWORTH CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Banbury.

31 LONGWORTH CLOSE: Plot and Title Map

31 LONGWORTH CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 31 LONGWORTH 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 31 LONGWORTH 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 31 LONGWORTH CLOSE?

31 LONGWORTH CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 31 on LONGWORTH CLOSE.