4, NORRIS CLOSE, ADDERBURY, BANBURY, OX17 3HD - £385,000

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

4 NORRIS CLOSE is a very small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £385,000 in September 2021, which was around 24% below the average September 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

4 NORRIS CLOSE Sold Prices

Land registry data shows two sales for 4 NORRIS 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 4 NORRIS 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
2021 17 SEP	£385,000	£505,541	24% below HPI
1997 3 OCT	£77,000	£129,749	41% below HPI

4 NORRIS 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 4 NORRIS CLOSE sales from October 1997 and September 2021 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 October 1997 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 NORRIS CLOSE?

4 NORRIS CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Adderbury, based on EPC data. The below chart shows the distribution of detached houses by size in Adderbury, and where 4 NORRIS CLOSE lies on this distribution: 13% of detached houses are smaller than 4 NORRIS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Adderbury.

4 NORRIS CLOSE: Plot and Title Map

4 NORRIS CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 4 NORRIS 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 4 NORRIS 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 4 NORRIS CLOSE?

4 NORRIS CLOSE is located in ADDERBURY, in the OX17 postcode district. The below map shows the position of No. 4 on NORRIS CLOSE.