38, BARCOMBE CLOSE, BANBURY, OX16 1FD - £157,000

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.

38 BARCOMBE CLOSE is a very small terraced house of 37m², built sometime between 1983 and 1990, which could now be worth an estimated £163,012. It was last sold for £157,000 in August 2022, which was around 45% below the average August 2022 terraced price in the Cherwell local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was A.

38 BARCOMBE CLOSE Sold Prices

Land registry data shows six sales for 38 BARCOMBE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the six 38 BARCOMBE 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
2022 10 AUG	£157,000	£282,915	45% below HPI
2013 28 OCT	£122,000	£186,433	35% below HPI
2011 31 AUG	£118,950	£178,830	33% below HPI
2002 24 MAY	£79,025	£105,599	25% below HPI
1998 21 APR	£39,000	£62,609	38% below HPI
1997 10 JAN	£30,000	£48,427	38% below HPI

38 BARCOMBE 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 six 38 BARCOMBE CLOSE sales between January 1997 and August 2022 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 October 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 38 BARCOMBE CLOSE be worth now?

38 BARCOMBE CLOSE might now be worth an estimated £163,012.

This is based on house price inflation of 3.8%, between August 2022 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 3.8% inflationary increase is applied to the most recent sale price for 38 BARCOMBE CLOSE of £157,000 on 10th August 2022. For the value to have increased from £157,000 to £163,012 over the three years to August 2025, the following assumptions must hold true:

• The value of 38 BARCOMBE CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The August 2022 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BARCOMBE CLOSE has not materially changed since August 2022.

How Large is 38 BARCOMBE CLOSE?

38 BARCOMBE CLOSE is 37m² according to the EPC inspection conducted in February 2021. 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 38 BARCOMBE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 38 BARCOMBE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Banbury.

38 BARCOMBE CLOSE: Plot and Title Map

38 BARCOMBE CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 38 BARCOMBE 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 38 BARCOMBE 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 38 BARCOMBE CLOSE?

38 BARCOMBE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 38 on BARCOMBE CLOSE.