8, TRINITY CLOSE, BANBURY, OX16 0UB - £375,000

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

8 TRINITY CLOSE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £375,000 in November 2022, which was around 35% below the average November 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

8 TRINITY CLOSE Sold Prices

Land registry data shows two sales for 8 TRINITY 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 TRINITY 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
2022 25 NOV	£375,000	£573,735	35% below HPI
2003 16 MAY	£165,000	£275,254	40% below HPI

8 TRINITY 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 TRINITY CLOSE sales from May 2003 and November 2022 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 May 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 TRINITY CLOSE?

8 TRINITY CLOSE is 85m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 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 8 TRINITY CLOSE lies on this distribution: 16% of detached houses are smaller than 8 TRINITY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 TRINITY CLOSE: Plot and Title Map

8 TRINITY CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 8 TRINITY 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 TRINITY 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 TRINITY CLOSE?

8 TRINITY CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 8 on TRINITY CLOSE.