47, RIBSTON CLOSE, BANBURY, OX16 1AW - £218,000

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.

47 RIBSTON CLOSE is a very small terraced house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £236,622. It was last sold for £218,000 in December 2023, which was around 19% below the average December 2023 terraced price in the Cherwell local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

47 RIBSTON CLOSE Sold Prices

Land registry data shows three sales for 47 RIBSTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the three 47 RIBSTON 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
2023 15 DEC	£218,000	£270,630	19% below HPI
2006 10 NOV	£166,000	£171,178	3% below HPI
2003 26 SEP	£125,000	£132,416	6% below HPI

47 RIBSTON 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 three 47 RIBSTON CLOSE sales between September 2003 and December 2023 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 November 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 47 RIBSTON CLOSE be worth now?

47 RIBSTON CLOSE might now be worth an estimated £236,622.

This is based on house price inflation of 8.5%, between December 2023 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 8.5% inflationary increase is applied to the most recent sale price for 47 RIBSTON CLOSE of £218,000 on 15th December 2023. For the value to have increased from £218,000 to £236,622 over the two years and four months to August 2025, the following assumptions must hold true:

• The value of 47 RIBSTON CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The December 2023 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 47 RIBSTON CLOSE has not materially changed since December 2023.

How Large is 47 RIBSTON CLOSE?

47 RIBSTON CLOSE is 78m² according to the EPC inspection conducted in August 2023. 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 47 RIBSTON CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 47 RIBSTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Banbury.

47 RIBSTON CLOSE: Plot and Title Map

47 RIBSTON CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 47 RIBSTON 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 47 RIBSTON 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 47 RIBSTON CLOSE?

47 RIBSTON CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 47 on RIBSTON CLOSE.