5, THATCHERS CLOSE, EPWELL, BANBURY, OX15 6LJ - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 THATCHERS CLOSE is a midsized extended detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £521,830. It was last sold for £290,000 in September 2008, which was around 8% below the average September 2008 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

5 THATCHERS CLOSE Sold Prices

Land registry data shows two sales for 5 THATCHERS 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 5 THATCHERS CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2008 1 SEP	£290,000	£316,242	8% below HPI
1997 1 DEC	£127,000	£127,417	Close to HPI

5 THATCHERS 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 5 THATCHERS CLOSE sales from December 1997 and September 2008 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 December 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2008 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 THATCHERS CLOSE be worth now?

5 THATCHERS CLOSE might now be worth an estimated £521,830.

This is based on house price inflation of 79.9%, between September 2008 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.9% inflationary increase is applied to the most recent sale price for 5 THATCHERS CLOSE of £290,000 on 1st September 2008. For the value to have increased from £290,000 to £521,830 over the seventeen years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 THATCHERS CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The September 2008 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THATCHERS CLOSE has not materially changed since September 2008.

How Large is 5 THATCHERS CLOSE?

5 THATCHERS CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% of detached houses houses in Epwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Epwell, and where 5 THATCHERS CLOSE lies on this distribution: 41% of detached houses houses are smaller than 5 THATCHERS CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Epwell.

5 THATCHERS CLOSE: Plot and Title Map

5 THATCHERS CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 THATCHERS 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 THATCHERS 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 THATCHERS CLOSE?

5 THATCHERS CLOSE is located in EPWELL, in the OX15 postcode district. The below map shows the position of No. 5 on THATCHERS CLOSE.