7, WILLIAM CLOSE, BANBURY, OX16 0UE - £325,000

7 WILLIAM CLOSE is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £325,000 in April 2014, which was around 16% below the average April 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

7 WILLIAM CLOSE Sold Prices

Land registry data shows two sales for 7 WILLIAM 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 WILLIAM 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 16 APR	£325,000	£385,312	16% below HPI
1999 20 AUG	£151,950	£157,659	4% below HPI

7 WILLIAM 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 WILLIAM CLOSE sales from August 1999 and April 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 August 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 WILLIAM CLOSE?

7 WILLIAM CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 7 WILLIAM CLOSE lies on this distribution: 57% of detached houses are smaller than 7 WILLIAM CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Banbury.

7 WILLIAM CLOSE: Plot and Title Map

7 WILLIAM CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 7 WILLIAM 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 WILLIAM 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 WILLIAM CLOSE?

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