5, WOBURN CLOSE, BANBURY, OX16 4FT - £330,000

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 WOBURN CLOSE is a large extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £402,719. It was last sold for £330,000 in June 2018, which was around 30% below the average June 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

5 WOBURN CLOSE Sold Prices

Land registry data shows two sales for 5 WOBURN 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. Both of the two 5 WOBURN 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
2018 20 JUN	£330,000	£468,215	30% below HPI
2015 28 SEP	£300,000	£438,200	32% below HPI

5 WOBURN 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 WOBURN CLOSE sales from September 2015 and June 2018 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 WOBURN CLOSE be worth now?

5 WOBURN CLOSE might now be worth an estimated £402,719.

This is based on house price inflation of 22%, between June 2018 and March 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 22% inflationary increase is applied to the most recent sale price for 5 WOBURN CLOSE of £330,000 on 20th June 2018. For the value to have increased from £330,000 to £402,719 over the seven years and three months to March 2025, the following assumptions must hold true:

• The value of 5 WOBURN CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOBURN CLOSE has not materially changed since June 2018.

How Large is 5 WOBURN CLOSE?

5 WOBURN CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 5 WOBURN CLOSE lies on this distribution: 80% of detached houses houses are smaller than 5 WOBURN CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Banbury.

5 WOBURN CLOSE: Plot and Title Map

5 WOBURN CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 5 WOBURN 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 WOBURN 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 WOBURN CLOSE?

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