35, RYE CLOSE, BANBURY, OX16 1XG - £119,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

35 RYE CLOSE is a very small semi-detached house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £200,098. It was last sold for £119,000 in July 2010, which was around 43% below the average July 2010 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

35 RYE CLOSE Sold Prices

Land registry data shows three sales for 35 RYE 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. All of the three 35 RYE 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
2010 9 JUL	£119,000	£207,058	43% below HPI
2002 27 SEP	£85,000	£140,292	39% below HPI
1997 30 JUN	£38,000	£65,411	42% below HPI

35 RYE 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 35 RYE CLOSE sales between June 1997 and July 2010 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 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2010 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 35 RYE CLOSE be worth now?

35 RYE CLOSE might now be worth an estimated £200,098.

This is based on house price inflation of 68.1%, between July 2010 and February 2025, 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 68.1% inflationary increase is applied to the most recent sale price for 35 RYE CLOSE of £119,000 on 9th July 2010. For the value to have increased from £119,000 to £200,098 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 35 RYE CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The July 2010 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 35 RYE CLOSE has not materially changed since July 2010.

How Large is 35 RYE CLOSE?

35 RYE CLOSE is 41m² according to the EPC inspection conducted in May 2022. 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 35 RYE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 35 RYE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

35 RYE CLOSE: Plot and Title Map

35 RYE CLOSE sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 35 RYE 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 35 RYE 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 35 RYE CLOSE?

35 RYE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 35 on RYE CLOSE.