5, BERKELEY CLOSE, BANBURY, OX16 0UH - £315,000

5 BERKELEY CLOSE is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £315,000 in November 2018, which was around 35% below the average November 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

5 BERKELEY CLOSE Sold Prices

Land registry data shows two sales for 5 BERKELEY 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 5 BERKELEY 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
2018 8 NOV	£315,000	£484,147	35% below HPI
2000 25 FEB	£120,000	£172,997	31% below HPI

5 BERKELEY 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 5 BERKELEY CLOSE sales from February 2000 and November 2018 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 February 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5 BERKELEY CLOSE?

5 BERKELEY CLOSE is 91m² according to the EPC inspection conducted in April 2018. 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 5 BERKELEY CLOSE lies on this distribution: 24% of detached houses are smaller than 5 BERKELEY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Banbury.

5 BERKELEY CLOSE: Plot and Title Map

5 BERKELEY CLOSE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 5 BERKELEY 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 5 BERKELEY 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 5 BERKELEY CLOSE?

5 BERKELEY CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 5 on BERKELEY CLOSE.