22, RYE CLOSE, BANBURY, OX16 1XG - £119,000

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.

22 RYE CLOSE is a very small terraced house of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £189,007. It was last sold for £119,000 in August 2007, which was around 36% below the average August 2007 terraced price in the Cherwell local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

22 RYE CLOSE Sold Prices

Land registry data shows three sales for 22 RYE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the three 22 RYE 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
2007 10 AUG	£119,000	£184,946	36% below HPI
2005 7 MAR	£93,000	£148,351	37% below HPI
2001 25 MAY	£64,000	£93,240	31% below HPI

22 RYE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The three 22 RYE CLOSE sales between May 2001 and August 2007 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 March 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2007 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 22 RYE CLOSE be worth now?

22 RYE CLOSE might now be worth an estimated £189,007.

This is based on house price inflation of 58.8%, between August 2007 and August 2025, for terraced 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 58.8% inflationary increase is applied to the most recent sale price for 22 RYE CLOSE of £119,000 on 10th August 2007. For the value to have increased from £119,000 to £189,007 over the eighteen years to August 2025, the following assumptions must hold true:

• The value of 22 RYE CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The August 2007 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RYE CLOSE has not materially changed since August 2007.

How Large is 22 RYE CLOSE?

22 RYE CLOSE is 42m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of terraced houses houses in Banbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Banbury, and where 22 RYE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 22 RYE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

22 RYE CLOSE: Plot and Title Map

22 RYE CLOSE sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 22 RYE 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 22 RYE 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 22 RYE CLOSE?

22 RYE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 22 on RYE CLOSE.