22, WILLIAM CLOSE, BANBURY, OX16 0UE - £268,500

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 WILLIAM CLOSE is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £436,926. It was last sold for £268,500 in August 2011, which was around 23% below the average August 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

22 WILLIAM CLOSE Sold Prices

Land registry data shows four sales for 22 WILLIAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 22 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
2011 26 AUG	£268,500	£349,693	23% below HPI
2006 20 JUL	£238,000	£314,802	24% below HPI
2001 10 JUL	£174,500	£207,016	16% below HPI
1999 28 MAY	£127,500	£145,611	12% below HPI

22 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 four 22 WILLIAM CLOSE sales between May 1999 and August 2011 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 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2011 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 22 WILLIAM CLOSE be worth now?

22 WILLIAM CLOSE might now be worth an estimated £436,926.

This is based on house price inflation of 62.7%, between August 2011 and February 2025, for 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 62.7% inflationary increase is applied to the most recent sale price for 22 WILLIAM CLOSE of £268,500 on 26th August 2011. For the value to have increased from £268,500 to £436,926 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 22 WILLIAM CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2011 sale price of £268,500 represented a fair market value for the property.
• The size, condition, and specification of 22 WILLIAM CLOSE has not materially changed since August 2011.

How Large is 22 WILLIAM CLOSE?

22 WILLIAM CLOSE is 101m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 22 WILLIAM CLOSE lies on this distribution: 36% of detached houses houses are smaller than 22 WILLIAM CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Banbury.

22 WILLIAM CLOSE: Plot and Title Map

22 WILLIAM CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 22 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 22 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 22 WILLIAM CLOSE?

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