13, RIBSTON CLOSE, BANBURY, OX16 1AW - £207,500

13 RIBSTON CLOSE is a very small detached house of 72m², built sometime between 2003 and 2006. It was last sold for £207,500 in September 2012, which was around 42% below the average September 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

13 RIBSTON CLOSE Sold Prices

Land registry data shows four sales for 13 RIBSTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 13 RIBSTON 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
2012 4 SEP	£207,500	£356,832	42% below HPI
2010 28 MAY	£193,000	£345,737	44% below HPI
2006 24 NOV	£190,000	£330,805	43% below HPI
2004 7 APR	£175,000	£285,918	39% below HPI

13 RIBSTON 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 four 13 RIBSTON CLOSE sales between April 2004 and September 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 May 2010 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2012 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 13 RIBSTON CLOSE?

13 RIBSTON CLOSE is 72m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 13 RIBSTON CLOSE lies on this distribution: 7% of detached houses are smaller than 13 RIBSTON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Banbury.

13 RIBSTON CLOSE: Plot and Title Map

13 RIBSTON CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 13 RIBSTON 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 13 RIBSTON 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 13 RIBSTON CLOSE?

13 RIBSTON CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 13 on RIBSTON CLOSE.