56, SAGE CLOSE, BANBURY, OX16 1UU - £408,000

56 SAGE CLOSE is a large extended detached house of 133m², built sometime between 2003 and 2006. It was last sold for £408,000 in January 2016, which was around 11% below the average January 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

56 SAGE CLOSE Sold Prices

Land registry data shows two sales for 56 SAGE 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 56 SAGE 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
2016 29 JAN	£408,000	£456,735	11% below HPI
2005 11 FEB	£266,000	£290,612	8% below HPI

56 SAGE 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 56 SAGE CLOSE sales from February 2005 and January 2016 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 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 56 SAGE CLOSE?

56 SAGE CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 56 SAGE CLOSE lies on this distribution: 76% of detached houses are smaller than 56 SAGE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Banbury.

56 SAGE CLOSE: Plot and Title Map

56 SAGE CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 56 SAGE 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 56 SAGE 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 56 SAGE CLOSE?

56 SAGE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 56 on SAGE CLOSE.