11, FIRTREE CLOSE, BANBURY, OX16 1JS - £320,000

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.

11 FIRTREE CLOSE is a very large detached house of 173m², built sometime between 1996 and 2002, which could now be worth an estimated £600,867. It was last sold for £320,000 in August 2009, which was around 3% above the average August 2009 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

11 FIRTREE CLOSE Sold Prices

Land registry data shows two sales for 11 FIRTREE 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 11 FIRTREE 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
2009 27 AUG	£320,000	£310,116	3% above HPI
1998 29 MAY	£167,950	£132,093	27% above HPI

11 FIRTREE 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 11 FIRTREE CLOSE sales from May 1998 and August 2009 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 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2009 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 11 FIRTREE CLOSE be worth now?

11 FIRTREE CLOSE might now be worth an estimated £600,867.

This is based on house price inflation of 87.8%, between August 2009 and August 2025, for 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 87.8% inflationary increase is applied to the most recent sale price for 11 FIRTREE CLOSE of £320,000 on 27th August 2009. For the value to have increased from £320,000 to £600,867 over the sixteen years to August 2025, the following assumptions must hold true:

• The value of 11 FIRTREE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2009 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FIRTREE CLOSE has not materially changed since August 2009.

How Large is 11 FIRTREE CLOSE?

11 FIRTREE CLOSE is 173m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 11 FIRTREE CLOSE lies on this distribution: 95% of detached houses houses are smaller than 11 FIRTREE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Banbury.

11 FIRTREE CLOSE: Plot and Title Map

11 FIRTREE CLOSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 11 FIRTREE 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 11 FIRTREE 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 11 FIRTREE CLOSE?

11 FIRTREE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 11 on FIRTREE CLOSE.