7, MILLWRIGHT CLOSE, BANBURY, OX16 0RU - £297,000

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.

7 MILLWRIGHT CLOSE is a very small extended semi-detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £320,532. It was last sold for £297,000 in January 2024, which was around 10% below the average January 2024 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

7 MILLWRIGHT CLOSE Sold Prices

Land registry data shows five sales for 7 MILLWRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Most of the five 7 MILLWRIGHT 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 19 JAN	£297,000	£330,755	10% below HPI
2016 15 JAN	£260,000	£272,040	4% below HPI
2013 3 MAY	£205,000	£214,277	4% below HPI
2007 31 JAN	£180,000	£205,205	12% below HPI
1997 11 APR	£64,950	£64,190	1% above HPI

7 MILLWRIGHT 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 five 7 MILLWRIGHT CLOSE sales between April 1997 and January 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 January 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 MILLWRIGHT CLOSE be worth now?

7 MILLWRIGHT CLOSE might now be worth an estimated £320,532.

This is based on house price inflation of 7.9%, between January 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 7.9% inflationary increase is applied to the most recent sale price for 7 MILLWRIGHT CLOSE of £297,000 on 19th January 2024. For the value to have increased from £297,000 to £320,532 over the five months to August 2025, the following assumptions must hold true:

• The value of 7 MILLWRIGHT CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The January 2024 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLWRIGHT CLOSE has not materially changed since January 2024.

How Large is 7 MILLWRIGHT CLOSE?

7 MILLWRIGHT CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% 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 7 MILLWRIGHT CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 7 MILLWRIGHT CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7 MILLWRIGHT CLOSE: Plot and Title Map

7 MILLWRIGHT CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 7 MILLWRIGHT 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 7 MILLWRIGHT 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 7 MILLWRIGHT CLOSE?

7 MILLWRIGHT CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 7 on MILLWRIGHT CLOSE.