2, HORSHAM CLOSE, BANBURY, OX16 1XR - £232,000

2 HORSHAM CLOSE is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £232,000 in June 2013, which was around 35% below the average June 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

2 HORSHAM CLOSE Sold Prices

Land registry data shows two sales for 2 HORSHAM 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 2 HORSHAM 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
2013 21 JUN	£232,000	£359,586	35% below HPI
2001 13 JUL	£138,000	£210,067	34% below HPI

2 HORSHAM 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 2 HORSHAM CLOSE sales from July 2001 and June 2013 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 July 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 HORSHAM CLOSE?

2 HORSHAM CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 2 HORSHAM CLOSE lies on this distribution: 17% of detached houses are smaller than 2 HORSHAM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 HORSHAM CLOSE: Plot and Title Map

2 HORSHAM CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 HORSHAM 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 2 HORSHAM 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 2 HORSHAM CLOSE?

2 HORSHAM CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 2 on HORSHAM CLOSE.