PINEWOODS, FIRTREE CLOSE, BANBURY, OX16 1JS - £391,000

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

PINEWOODS is a very large extended detached house of 171m², built sometime between 2003 and 2006. It was last sold for £391,000 in December 2012, which was around 12% above the average December 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

PINEWOODS Sold Prices

Land registry data shows two sales for PINEWOODS 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 PINEWOODS sales were for above 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 14 DEC	£391,000	£349,503	12% above HPI
2006 14 DEC	£409,000	£333,181	23% above HPI

PINEWOODS 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 PINEWOODS sales from December 2006 and December 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 December 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2012 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is PINEWOODS?

PINEWOODS is 171m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where PINEWOODS lies on this distribution: 94% of detached houses are smaller than PINEWOODS, and 6% of houses are larger. Note that EPC data is not available for all properties in Banbury.

PINEWOODS: Plot and Title Map

PINEWOODS sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of PINEWOODS, 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 PINEWOODS). 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 PINEWOODS?

PINEWOODS is located on FIRTREE CLOSE in BANBURY, in the OX16 postcode district. The below map shows the position of PINEWOODS on FIRTREE CLOSE.