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
45 BANESBERIE CLOSE is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £305,000 in November 2013, which was around 19% below the average November 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 C.
Land registry data shows three sales for 45 BANESBERIE CLOSE since 1st 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. All of the three 45 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 |
---|---|---|---|
2013 15 NOV | £305,000 | £377,279 | 19% below HPI |
2006 4 SEP | £170,000 | £331,722 | 49% below HPI |
1997 7 FEB | £98,000 | £107,838 | 9% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 45 BANESBERIE CLOSE sales between February 1997 and November 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 September 2006 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
45 BANESBERIE CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 45 BANESBERIE CLOSE lies on this distribution: 80% of detached houses are smaller than 45 BANESBERIE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Banbury.
45 BANESBERIE CLOSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 45 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 45 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.
45 BANESBERIE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 45 on BANESBERIE CLOSE.