8, WINCHESTER CLOSE, BANBURY, OX16 4FP - £335,000

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 WINCHESTER CLOSE is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £335,000 in July 2014, which was around 16% below the average July 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 WINCHESTER CLOSE Sold Prices

Land registry data shows two sales for 8 WINCHESTER 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 WINCHESTER 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
2014 25 JUL	£335,000	£396,930	16% below HPI
2005 18 FEB	£266,000	£290,612	8% below HPI

8 WINCHESTER 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 WINCHESTER CLOSE sales from February 2005 and July 2014 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 February 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 WINCHESTER CLOSE?

8 WINCHESTER CLOSE is 129m² according to the EPC inspection conducted in April 2015. This puts it in the largest 30% 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 WINCHESTER CLOSE lies on this distribution: 72% of detached houses are smaller than 8 WINCHESTER CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 WINCHESTER CLOSE: Plot and Title Map

8 WINCHESTER CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 8 WINCHESTER 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 WINCHESTER 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 WINCHESTER CLOSE?

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