7, HART CLOSE, BANBURY, OX16 1EH - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 HART CLOSE is a large detached house of 135m², built sometime between 2003 and 2006, which could now be worth an estimated £484,170. It was last sold for £285,000 in March 2012, which was around 17% below the average March 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

7 HART CLOSE Sold Prices

Land registry data shows three sales for 7 HART 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 7 HART 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
2012 23 MAR	£285,000	£344,197	17% below HPI
2009 3 AUG	£235,000	£310,116	24% below HPI
2003 19 DEC	£224,995	£272,773	18% below HPI

7 HART 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 7 HART CLOSE sales between December 2003 and March 2012 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 HART CLOSE be worth now?

7 HART CLOSE might now be worth an estimated £484,170.

This is based on house price inflation of 69.9%, between March 2012 and December 2024, 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 69.9% inflationary increase is applied to the most recent sale price for 7 HART CLOSE of £285,000 on 23rd March 2012. For the value to have increased from £285,000 to £484,170 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 7 HART CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The March 2012 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HART CLOSE has not materially changed since March 2012.

How Large is 7 HART CLOSE?

7 HART CLOSE is 135m² according to the EPC inspection conducted in March 2009. 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 7 HART CLOSE lies on this distribution: 79% of detached houses houses are smaller than 7 HART CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7 HART CLOSE: Plot and Title Map

7 HART CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 HART 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 HART 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 HART CLOSE?

7 HART CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 7 on HART CLOSE.