15, CRANLEIGH CLOSE, BANBURY, OX16 9NJ - £290,000

15 CRANLEIGH CLOSE is a very small extended detached house of 65m², built sometime between 1976 and 1982. It was last sold for £290,000 in June 2019, which was around 37% below the average June 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

15 CRANLEIGH CLOSE Sold Prices

Land registry data shows three sales for 15 CRANLEIGH 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 Cherwell local authority area for the corresponding sale date. All of the three 15 CRANLEIGH 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
2019 21 JUN	£290,000	£458,748	37% below HPI
2004 1 DEC	£195,000	£300,255	35% below HPI
1995 29 SEP	£73,500	£98,206	25% below HPI

15 CRANLEIGH 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 three 15 CRANLEIGH CLOSE sales between September 1995 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 December 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 15 CRANLEIGH CLOSE?

15 CRANLEIGH CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 15 CRANLEIGH CLOSE lies on this distribution: 3% of detached houses are smaller than 15 CRANLEIGH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Banbury.

15 CRANLEIGH CLOSE: Plot and Title Map

15 CRANLEIGH CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 15 CRANLEIGH 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 15 CRANLEIGH 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 15 CRANLEIGH CLOSE?

15 CRANLEIGH CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 15 on CRANLEIGH CLOSE.