3, RIDGE CLOSE, BANBURY, OX16 9BJ - £220,000

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.

3 RIDGE CLOSE is a very small extended semi-detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £268,015. It was last sold for £220,000 in November 2020, which was around 25% below the average November 2020 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was September 2025, where the current energy rating was C, and the potential energy rating was C.

3 RIDGE CLOSE Sold Prices

Land registry data shows two sales for 3 RIDGE 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 3 RIDGE 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
2020 25 NOV	£220,000	£293,011	25% below HPI
2020 25 JUN	£237,000	£285,735	17% below HPI

3 RIDGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 3 RIDGE CLOSE sales from June 2020 and November 2020 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 June 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 RIDGE CLOSE be worth now?

3 RIDGE CLOSE might now be worth an estimated £268,015.

This is based on house price inflation of 21.8%, between November 2020 and August 2025, 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 21.8% inflationary increase is applied to the most recent sale price for 3 RIDGE CLOSE of £220,000 on 25th November 2020. For the value to have increased from £220,000 to £268,015 over the five years and three months to August 2025, the following assumptions must hold true:

• The value of 3 RIDGE CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The November 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIDGE CLOSE has not materially changed since November 2020.

How Large is 3 RIDGE CLOSE?

3 RIDGE CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in September 2025. This puts it in the smallest 20% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 3 RIDGE CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 3 RIDGE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 RIDGE CLOSE: Plot and Title Map

3 RIDGE CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 3 RIDGE 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 3 RIDGE 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 3 RIDGE CLOSE?

3 RIDGE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 3 on RIDGE CLOSE.