5, THATCHERS CLOSE, EPWELL, BANBURY, OX15 6LJ - £290,000

5 THATCHERS CLOSE is a very small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £290,000 in September 2008, which was around 10% below the average September 2008 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

5 THATCHERS CLOSE Sold Prices

Land registry data shows two sales for 5 THATCHERS 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 THATCHERS 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
2008 1 SEP	£290,000	£320,903	10% below HPI
1997 1 DEC	£127,000	£129,295	2% below HPI

5 THATCHERS 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 THATCHERS CLOSE sales from December 1997 and September 2008 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 December 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2008 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 THATCHERS CLOSE?

5 THATCHERS CLOSE is 94m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Epwell, based on EPC data. The below chart shows the distribution of detached houses by size in Epwell, and where 5 THATCHERS CLOSE lies on this distribution: 11% of detached houses are smaller than 5 THATCHERS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Epwell.

5 THATCHERS CLOSE: Plot and Title Map

5 THATCHERS CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 THATCHERS 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 THATCHERS 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 THATCHERS CLOSE?

5 THATCHERS CLOSE is located in EPWELL, in the OX15 postcode district. The below map shows the position of No. 5 on THATCHERS CLOSE.