40, MILL CLOSE, DEDDINGTON, BANBURY, OX15 0UN - £377,000

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 MILL CLOSE is a small extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £377,000 in December 2013, which was about the average December 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

40 MILL CLOSE Sold Prices

Land registry data shows three sales for 40 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. The three 40 MILL CLOSE sales were a mix of roughly equal to the average price, and above 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
2013 13 DEC	£377,000	£375,311	Close to HPI
1997 11 NOV	£137,000	£130,045	5% above HPI
1996 18 MAR	£111,000	£101,908	9% above HPI

40 MILL 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 three 40 MILL CLOSE sales between March 1996 and December 2013 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 November 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 40 MILL CLOSE?

40 MILL CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Deddington, based on EPC data. The below chart shows the distribution of detached houses by size in Deddington, and where 40 MILL CLOSE lies on this distribution: 23% of detached houses are smaller than 40 MILL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Deddington.

40 MILL CLOSE: Plot and Title Map

40 MILL CLOSE sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 40 MILL 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 MILL 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 MILL CLOSE?

40 MILL CLOSE is located in DEDDINGTON, in the OX15 postcode district. The below map shows the position of No. 40 on MILL CLOSE.