6, RIDGE CLOSE, BANBURY, OX16 9BJ - £255,000

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.

6 RIDGE CLOSE is a very small semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £272,034. It was last sold for £255,000 in May 2024, which was around 24% below the average May 2024 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

6 RIDGE CLOSE Sold Prices

Land registry data shows three sales for 6 RIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. All of the three 6 RIDGE 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 28 MAY	£255,000	£334,609	24% below HPI
2015 14 SEP	£177,500	£264,565	33% below HPI
1996 25 APR	£48,000	£59,948	20% below HPI

6 RIDGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 6 RIDGE CLOSE sales between April 1996 and May 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 September 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 6 RIDGE CLOSE be worth now?

6 RIDGE CLOSE might now be worth an estimated £272,034.

This is based on house price inflation of 6.7%, between May 2024 and August 2025, for semi-detached 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 6.7% inflationary increase is applied to the most recent sale price for 6 RIDGE CLOSE of £255,000 on 28th May 2024. For the value to have increased from £255,000 to £272,034 over the nine months to August 2025, the following assumptions must hold true:

• The value of 6 RIDGE CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The May 2024 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RIDGE CLOSE has not materially changed since May 2024.

How Large is 6 RIDGE CLOSE?

6 RIDGE CLOSE is 72m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of semi-detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Banbury, and where 6 RIDGE CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 6 RIDGE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Banbury.

6 RIDGE CLOSE: Plot and Title Map

6 RIDGE CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 6 RIDGE 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 6 RIDGE 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 6 RIDGE CLOSE?

6 RIDGE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 6 on RIDGE CLOSE.