31, SAGE CLOSE, BANBURY, OX16 1UU - £420,000

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 SAGE CLOSE is a very large extended detached house of 174m², built sometime between 2003 and 2006. It was last sold for £420,000 in December 2015, which was around 8% below the average December 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

31 SAGE CLOSE Sold Prices

Land registry data shows two sales for 31 SAGE 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 31 SAGE 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
2015 16 DEC	£420,000	£456,112	8% below HPI
2005 29 APR	£170,000	£297,745	43% below HPI

31 SAGE 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 31 SAGE CLOSE sales from April 2005 and December 2015 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 April 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 31 SAGE CLOSE?

31 SAGE CLOSE is 174m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% 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 SAGE CLOSE lies on this distribution: 95% of detached houses are smaller than 31 SAGE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Banbury.

31 SAGE CLOSE: Plot and Title Map

31 SAGE CLOSE sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 31 SAGE 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 SAGE 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 SAGE CLOSE?

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