5, FIRTREE CLOSE, BANBURY, OX16 1JS - £405,000

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

5 FIRTREE CLOSE is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £405,000 in December 2017, which was around 16% below the average December 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

5 FIRTREE CLOSE Sold Prices

Land registry data shows five sales for 5 FIRTREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Most of the five 5 FIRTREE CLOSE sales were 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
2017 12 DEC	£405,000	£483,224	16% below HPI
2006 11 AUG	£310,000	£328,277	6% below HPI
1999 3 SEP	£185,000	£163,028	13% above HPI
1998 30 OCT	£165,000	£144,938	14% above HPI
1997 12 DEC	£144,950	£129,295	12% above HPI

5 FIRTREE 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 five 5 FIRTREE CLOSE sales between December 1997 and December 2017 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 August 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 FIRTREE CLOSE?

5 FIRTREE CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 5 FIRTREE CLOSE lies on this distribution: 73% of detached houses are smaller than 5 FIRTREE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Banbury.

5 FIRTREE CLOSE: Plot and Title Map

5 FIRTREE CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 5 FIRTREE 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 5 FIRTREE 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 5 FIRTREE CLOSE?

5 FIRTREE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 5 on FIRTREE CLOSE.