8, SIR HENRY JAKE CLOSE, BANBURY, OX16 1ET - £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.

8 SIR HENRY JAKE CLOSE is a small extended terraced house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £309,188. It was last sold for £255,000 in December 2016, which was around 10% above the average December 2016 terraced price in the Cherwell local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

8 SIR HENRY JAKE CLOSE Sold Prices

Land registry data shows four sales for 8 SIR HENRY JAKE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the four 8 SIR HENRY JAKE CLOSE sales were for above 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 9 DEC	£255,000	£231,221	10% above HPI
2014 14 NOV	£222,000	£207,908	7% above HPI
2009 15 JUL	£173,000	£158,402	9% above HPI
2004 24 SEP	£193,000	£151,830	27% above HPI

8 SIR HENRY JAKE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The four 8 SIR HENRY JAKE CLOSE sales between September 2004 and December 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 November 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 SIR HENRY JAKE CLOSE be worth now?

8 SIR HENRY JAKE CLOSE might now be worth an estimated £309,188.

This is based on house price inflation of 21.3%, between December 2016 and July 2025, for terraced 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 21.3% inflationary increase is applied to the most recent sale price for 8 SIR HENRY JAKE CLOSE of £255,000 on 9th December 2016. For the value to have increased from £255,000 to £309,188 over the nine years and five months to July 2025, the following assumptions must hold true:

• The value of 8 SIR HENRY JAKE CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The December 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SIR HENRY JAKE CLOSE has not materially changed since December 2016.

How Large is 8 SIR HENRY JAKE CLOSE?

8 SIR HENRY JAKE CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of terraced houses houses in Banbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Banbury, and where 8 SIR HENRY JAKE CLOSE lies on this distribution: 31% of terraced houses houses are smaller than 8 SIR HENRY JAKE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Banbury.

8 SIR HENRY JAKE CLOSE: Plot and Title Map

8 SIR HENRY JAKE CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 8 SIR HENRY JAKE 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 8 SIR HENRY JAKE 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 8 SIR HENRY JAKE CLOSE?

8 SIR HENRY JAKE CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 8 on SIR HENRY JAKE CLOSE.