42, SAGE CLOSE, BANBURY, OX16 1UU - £526,000

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

42 SAGE CLOSE is a very large detached house of 157m², built sometime between 2003 and 2006. It was last sold for £526,000 in July 2022, which was around 4% below the average July 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

42 SAGE CLOSE Sold Prices

Land registry data shows two sales for 42 SAGE 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. One of the two 42 SAGE CLOSE sales was for below the average price, whilst the other was for 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
2022 29 JUL	£526,000	£546,204	4% below HPI
2005 27 MAY	£317,000	£298,919	6% above HPI

42 SAGE 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 42 SAGE CLOSE sales from May 2005 and July 2022 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 May 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 42 SAGE CLOSE?

42 SAGE CLOSE is 157m² according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 42 SAGE CLOSE lies on this distribution: 89% of detached houses are smaller than 42 SAGE CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Banbury.

42 SAGE CLOSE: Plot and Title Map

42 SAGE CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 42 SAGE 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 42 SAGE 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 42 SAGE CLOSE?

42 SAGE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 42 on SAGE CLOSE.