3, SOUTH CLOSE, GREATWORTH, BANBURY, OX17 2DZ - £318,000

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 SOUTH CLOSE is a small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £370,918. It was last sold for £318,000 in March 2021, which was around 22% below the average March 2021 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

3 SOUTH CLOSE Sold Prices

Land registry data shows three sales for 3 SOUTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 3 SOUTH 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
2021 25 MAR	£318,000	£408,196	22% below HPI
2020 18 SEP	£310,000	£401,410	23% below HPI
2004 6 FEB	£166,000	£234,407	29% below HPI

3 SOUTH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 3 SOUTH CLOSE sales between February 2004 and March 2021 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 September 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 SOUTH CLOSE be worth now?

3 SOUTH CLOSE might now be worth an estimated £370,918.

This is based on house price inflation of 16.6%, between March 2021 and August 2025, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 3 SOUTH CLOSE of £318,000 on 25th March 2021. For the value to have increased from £318,000 to £370,918 over the three years and seven months to August 2025, the following assumptions must hold true:

• The value of 3 SOUTH CLOSE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The March 2021 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTH CLOSE has not materially changed since March 2021.

How Large is 3 SOUTH CLOSE?

3 SOUTH CLOSE is 95m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses houses in Greatworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greatworth, and where 3 SOUTH CLOSE lies on this distribution: 39% of detached houses houses are smaller than 3 SOUTH CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Greatworth.

3 SOUTH CLOSE: Plot and Title Map

3 SOUTH CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 SOUTH 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 SOUTH 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 SOUTH CLOSE?

3 SOUTH CLOSE is located in GREATWORTH, in the OX17 postcode district. The below map shows the position of No. 3 on SOUTH CLOSE.