48, STROUD CLOSE, BANBURY, OX16 3ZN - £425,000

48 STROUD CLOSE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £425,000 in February 2024, which was around 26% below the average February 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

48 STROUD CLOSE Sold Prices

Land registry data shows five sales for 48 STROUD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 48 STROUD 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
2024 2 FEB	£425,000	£574,079	26% below HPI
2018 25 MAY	£395,000	£480,577	18% below HPI
2014 28 NOV	£200,000	£412,927	52% below HPI
2006 14 JUL	£260,000	£319,443	19% below HPI
2000 31 JUL	£182,995	£191,593	4% below HPI

48 STROUD 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 five 48 STROUD CLOSE sales between July 2000 and February 2024 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 May 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 48 STROUD CLOSE?

48 STROUD CLOSE is 93m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 48 STROUD CLOSE lies on this distribution: 28% of detached houses are smaller than 48 STROUD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Banbury.

48 STROUD CLOSE: Plot and Title Map

48 STROUD CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 48 STROUD 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 48 STROUD 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 48 STROUD CLOSE?

48 STROUD CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 48 on STROUD CLOSE.