40, WINCHESTER CLOSE, BANBURY, OX16 4FP - £225,000

40 WINCHESTER CLOSE is a very large extended detached house of 147m², built sometime between 2003 and 2006. It was last sold for £225,000 in September 2004, which was around 26% below the average September 2004 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

40 WINCHESTER CLOSE Sold Prices

Land registry data shows two sales for 40 WINCHESTER 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. Both of the two 40 WINCHESTER 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
2004 3 SEP	£225,000	£305,025	26% below HPI
2001 12 JUL	£173,500	£210,067	17% below HPI

40 WINCHESTER 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 40 WINCHESTER CLOSE sales from July 2001 and September 2004 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 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2004 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 WINCHESTER CLOSE?

40 WINCHESTER CLOSE is 147m², which includes two extensions, according to the EPC inspection conducted in November 2022. 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 40 WINCHESTER CLOSE lies on this distribution: 86% of detached houses are smaller than 40 WINCHESTER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Banbury.

40 WINCHESTER CLOSE: Plot and Title Map

40 WINCHESTER CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 40 WINCHESTER 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 40 WINCHESTER 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 40 WINCHESTER CLOSE?

40 WINCHESTER CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 40 on WINCHESTER CLOSE.