7, CHERRYS CLOSE, BLOXHAM, BANBURY, OX15 4TD - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 CHERRYS CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £425,000 in March 2021, which was around 13% below the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

7 CHERRYS CLOSE Sold Prices

Land registry data shows two sales for 7 CHERRYS 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 7 CHERRYS 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
2021 23 MAR	£425,000	£487,015	13% below HPI
2009 27 NOV	£310,000	£326,332	5% below HPI

7 CHERRYS 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 7 CHERRYS CLOSE sales from November 2009 and March 2021 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 November 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 CHERRYS CLOSE?

7 CHERRYS CLOSE is 83m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Bloxham, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxham, and where 7 CHERRYS CLOSE lies on this distribution: 7% of detached houses are smaller than 7 CHERRYS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bloxham.

7 CHERRYS CLOSE: Plot and Title Map

7 CHERRYS CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 7 CHERRYS 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 7 CHERRYS 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 7 CHERRYS CLOSE?

7 CHERRYS CLOSE is located in BLOXHAM, in the OX15 postcode district. The below map shows the position of No. 7 on CHERRYS CLOSE.