7, RYE CLOSE, BANBURY, OX16 1XG - £317,500

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 RYE CLOSE is a large detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £472,648. It was last sold for £317,500 in July 2014, which was around 19% below the average July 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

7 RYE CLOSE Sold Prices

Land registry data shows two sales for 7 RYE 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 7 RYE 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
2014 25 JUL	£317,500	£391,164	19% below HPI
1998 7 MAY	£109,000	£132,093	17% below HPI

7 RYE 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 7 RYE CLOSE sales from May 1998 and July 2014 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 May 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 7 RYE CLOSE be worth now?

7 RYE CLOSE might now be worth an estimated £472,648.

This is based on house price inflation of 48.9%, between July 2014 and August 2025, for 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 48.9% inflationary increase is applied to the most recent sale price for 7 RYE CLOSE of £317,500 on 25th July 2014. For the value to have increased from £317,500 to £472,648 over the ten years and eleven months to August 2025, the following assumptions must hold true:

• The value of 7 RYE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2014 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 7 RYE CLOSE has not materially changed since July 2014.

How Large is 7 RYE CLOSE?

7 RYE CLOSE is 121m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banbury, and where 7 RYE CLOSE lies on this distribution: 63% of detached houses houses are smaller than 7 RYE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7 RYE CLOSE: Plot and Title Map

7 RYE CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 7 RYE 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 RYE 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 RYE CLOSE?

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