6, SHELLEY CLOSE, BANBURY, OX16 9JY - £395,000

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

6 SHELLEY CLOSE is a very large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £395,000 in November 2018, which was around 18% below the average November 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

6 SHELLEY CLOSE Sold Prices

Land registry data shows three sales for 6 SHELLEY CLOSE since 1^st 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 6 SHELLEY 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 2 NOV	£395,000	£484,147	18% below HPI
2012 20 DEC	£325,000	£349,503	7% below HPI
2009 20 APR	£240,000	£297,124	19% below HPI

6 SHELLEY 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 three 6 SHELLEY CLOSE sales between April 2009 and November 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 December 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 6 SHELLEY CLOSE?

6 SHELLEY CLOSE is 144m², which includes two extensions, according to the EPC inspection conducted in February 2009. 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 6 SHELLEY CLOSE lies on this distribution: 83% of detached houses are smaller than 6 SHELLEY CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Banbury.

6 SHELLEY CLOSE: Plot and Title Map

6 SHELLEY CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 6 SHELLEY 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 6 SHELLEY 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 6 SHELLEY CLOSE?

6 SHELLEY CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 6 on SHELLEY CLOSE.