1, HART CLOSE, BANBURY, OX16 1EH - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HART CLOSE is a very large extended semi-detached house of 161m², built sometime between 2003 and 2006, which could now be worth an estimated £450,366. It was last sold for £345,000 in June 2019, which was around 26% above the average June 2019 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

1 HART CLOSE Sold Prices

Land registry data shows two sales for 1 HART CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 1 HART CLOSE 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
2019 12 JUN	£345,000	£273,791	26% above HPI
2004 5 JAN	£249,995	£165,519	51% above HPI

1 HART CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 1 HART CLOSE sales from January 2004 and June 2019 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 January 2004 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 HART CLOSE be worth now?

1 HART CLOSE might now be worth an estimated £450,366.

This is based on house price inflation of 30.5%, between June 2019 and October 2025, for semi-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 30.5% inflationary increase is applied to the most recent sale price for 1 HART CLOSE of £345,000 on 12th June 2019. For the value to have increased from £345,000 to £450,366 over the five years and eight months to October 2025, the following assumptions must hold true:

• The value of 1 HART CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The June 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HART CLOSE has not materially changed since June 2019.

How Large is 1 HART CLOSE?

1 HART CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 1 HART CLOSE lies on this distribution: 90% of semi-detached houses houses are smaller than 1 HART CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Banbury.

1 HART CLOSE: Plot and Title Map

1 HART CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 1 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 1 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 1 HART CLOSE?

1 HART CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 1 on HART CLOSE.