2, LOWER CLOSE, BODICOTE, BANBURY, OX15 4DZ - £123,000

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.

2 LOWER CLOSE is a semi-detached house, which could now be worth an estimated £421,507. It was last sold for £123,000 in May 2000, which was around 19% above the average May 2000 semi-detached price in the Cherwell local authority area.

2 LOWER CLOSE Sold Prices

Land registry data shows two sales for 2 LOWER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 2 LOWER 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
2000 19 MAY	£123,000	£103,594	19% above HPI
1997 31 OCT	£86,500	£74,118	17% above HPI

What might 2 LOWER CLOSE be worth now?

2 LOWER CLOSE might now be worth an estimated £421,507.

This is based on house price inflation of 242.7%, between May 2000 and April 2026, for semi-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 242.7% inflationary increase is applied to the most recent sale price for 2 LOWER CLOSE of £123,000 on 19th May 2000. For the value to have increased from £123,000 to £421,507 over the 26 years and one month to April 2026, the following assumptions must hold true:

• The value of 2 LOWER CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The May 2000 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOWER CLOSE has not materially changed since May 2000.

Where is 2 LOWER CLOSE?

2 LOWER CLOSE is located in BODICOTE, in the OX15 postcode district.