2, WILLIAM CLOSE, BANBURY, OX16 0UE - £161,500

2 WILLIAM CLOSE is a small extended detached house of 98m², built sometime between 1991 and 1995. It was last sold for £161,500 in July 2001, which was around 23% below the average July 2001 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

2 WILLIAM CLOSE Sold Prices

Land registry data shows two sales for 2 WILLIAM 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 WILLIAM 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
2001 20 JUL	£161,500	£210,067	23% below HPI
1996 4 OCT	£88,750	£106,925	17% below HPI

2 WILLIAM 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 WILLIAM CLOSE sales from October 1996 and July 2001 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 October 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2001 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 WILLIAM CLOSE?

2 WILLIAM CLOSE is 98m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% 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 WILLIAM CLOSE lies on this distribution: 34% of detached houses are smaller than 2 WILLIAM CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Banbury.

2 WILLIAM CLOSE: Plot and Title Map

2 WILLIAM CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 WILLIAM 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 WILLIAM 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 WILLIAM CLOSE?

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