3, SHELLEY CLOSE, BANBURY, OX16 9JY - £421,000

3 SHELLEY CLOSE is a very large extended detached house of 158m², built sometime between 1976 and 1982. It was last sold for £421,000 in May 2019, which was around 8% below the average May 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

3 SHELLEY CLOSE Sold Prices

Land registry data shows two sales for 3 SHELLEY 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. One of the two 3 SHELLEY CLOSE sales was for below the average price, whilst the other was 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
2019 1 MAY	£421,000	£457,173	8% below HPI
1997 15 AUG	£134,000	£124,459	8% above HPI

3 SHELLEY 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 3 SHELLEY CLOSE sales from August 1997 and May 2019 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 August 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 SHELLEY CLOSE?

3 SHELLEY CLOSE is 158m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 3 SHELLEY CLOSE lies on this distribution: 89% of detached houses are smaller than 3 SHELLEY CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Banbury.

3 SHELLEY CLOSE: Plot and Title Map

3 SHELLEY CLOSE sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 3 SHELLEY 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 SHELLEY 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 SHELLEY CLOSE?

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