1, MICHAELMAS CLOSE, MIDDLETON CHENEY, BANBURY, OX17 2GS - £617,500

1 MICHAELMAS CLOSE is a very large detached house of 206m², built sometime between 1996 and 2002. It was last sold for £617,500 in June 2016, which was around 77% above the average June 2016 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

1 MICHAELMAS CLOSE Sold Prices

Land registry data shows three sales for 1 MICHAELMAS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 1 MICHAELMAS 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
2016 30 JUN	£617,500	£348,660	77% above HPI
2009 16 DEC	£500,000	£260,090	92% above HPI
2002 20 SEP	£439,500	£197,447	123% above HPI

1 MICHAELMAS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 1 MICHAELMAS CLOSE sales between September 2002 and June 2016 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 2009 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the June 2016 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 1 MICHAELMAS CLOSE?

1 MICHAELMAS CLOSE is 206m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Middleton Cheney, based on EPC data. The below chart shows the distribution of detached houses by size in Middleton Cheney, and where 1 MICHAELMAS CLOSE lies on this distribution: 92% of detached houses are smaller than 1 MICHAELMAS CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Middleton Cheney.

1 MICHAELMAS CLOSE: Plot and Title Map

1 MICHAELMAS CLOSE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 1 MICHAELMAS 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 MICHAELMAS 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 MICHAELMAS CLOSE?

1 MICHAELMAS CLOSE is located in MIDDLETON CHENEY, in the OX17 postcode district. The below map shows the position of No. 1 on MICHAELMAS CLOSE.