40, BANESBERIE CLOSE, BANBURY, OX16 1YH - £395,000

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

40 BANESBERIE CLOSE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £395,000 in December 2021, which was around 24% below the average December 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

40 BANESBERIE CLOSE Sold Prices

Land registry data shows four sales for 40 BANESBERIE 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 40 BANESBERIE 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 7 DEC	£395,000	£518,248	24% below HPI
2012 24 SEP	£275,000	£356,832	23% below HPI
2006 3 MAR	£249,950	£304,050	18% below HPI
2004 8 APR	£225,000	£285,918	21% below HPI

40 BANESBERIE 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 40 BANESBERIE CLOSE sales between April 2004 and December 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 September 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 BANESBERIE CLOSE?

40 BANESBERIE CLOSE is 116m² according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 40 BANESBERIE CLOSE lies on this distribution: 55% of detached houses are smaller than 40 BANESBERIE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Banbury.

40 BANESBERIE CLOSE: Plot and Title Map

40 BANESBERIE CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 40 BANESBERIE 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 40 BANESBERIE 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 40 BANESBERIE CLOSE?

40 BANESBERIE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 40 on BANESBERIE CLOSE.