8, MILL CLOSE, DEDDINGTON, BANBURY, OX15 0UN - £415,000

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

8 MILL CLOSE is a small detached house of 116m², built sometime between 1983 and 1990. It was last sold for £415,000 in June 2015, which was around 5% below the average June 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

8 MILL CLOSE Sold Prices

Land registry data shows two sales for 8 MILL 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 8 MILL 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
2015 2 JUN	£415,000	£434,557	5% below HPI
1998 10 JUL	£140,000	£141,819	1% below HPI

8 MILL 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 8 MILL CLOSE sales from July 1998 and June 2015 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 July 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 MILL CLOSE?

8 MILL CLOSE is 116m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Deddington, based on EPC data. The below chart shows the distribution of detached houses by size in Deddington, and where 8 MILL CLOSE lies on this distribution: 27% of detached houses are smaller than 8 MILL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Deddington.

8 MILL CLOSE: Plot and Title Map

8 MILL CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 8 MILL 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 8 MILL 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 8 MILL CLOSE?

8 MILL CLOSE is located in DEDDINGTON, in the OX15 postcode district. The below map shows the position of No. 8 on MILL CLOSE.