4, WOBURN CLOSE, BANBURY, OX16 4FT - £345,000

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 WOBURN CLOSE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £345,000 in September 2016, which was around 27% below the average September 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

4 WOBURN CLOSE Sold Prices

Land registry data shows four sales for 4 WOBURN 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 4 WOBURN 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
2016 26 SEP	£345,000	£474,702	27% below HPI
2005 14 FEB	£210,000	£290,612	28% below HPI
1997 7 JUL	£97,000	£118,420	18% below HPI
1995 25 MAY	£88,500	£98,205	10% below HPI

4 WOBURN 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 4 WOBURN CLOSE sales between May 1995 and September 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 February 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 WOBURN CLOSE?

4 WOBURN CLOSE is 125m², which includes two extensions, according to the EPC inspection conducted in April 2016. 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 4 WOBURN CLOSE lies on this distribution: 67% of detached houses are smaller than 4 WOBURN CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Banbury.

4 WOBURN CLOSE: Plot and Title Map

4 WOBURN CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 4 WOBURN 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 WOBURN 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 WOBURN CLOSE?

4 WOBURN CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 4 on WOBURN CLOSE.