9, WELLESLEY CLOSE, BANBURY, OX16 3QP - £260,000

9 WELLESLEY CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £260,000 in September 2020, which was around 46% below the average September 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

9 WELLESLEY CLOSE Sold Prices

Land registry data shows three sales for 9 WELLESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 9 WELLESLEY 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
2020 11 SEP	£260,000	£485,460	46% below HPI
2006 20 OCT	£181,500	£333,873	46% below HPI
1998 27 MAR	£74,500	£131,769	43% below HPI

9 WELLESLEY 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 three 9 WELLESLEY CLOSE sales between March 1998 and September 2020 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 October 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2020 sale, which was also at 46% below the HPI.

How Large is 9 WELLESLEY CLOSE?

9 WELLESLEY CLOSE is 94m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses in Banbury, based on EPC data. The below chart shows the distribution of detached houses by size in Banbury, and where 9 WELLESLEY CLOSE lies on this distribution: 29% of detached houses are smaller than 9 WELLESLEY CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Banbury.

9 WELLESLEY CLOSE: Plot and Title Map

9 WELLESLEY CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 9 WELLESLEY 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 9 WELLESLEY 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 9 WELLESLEY CLOSE?

9 WELLESLEY CLOSE is located in BANBURY, in the OX16 postcode district. The below map shows the position of No. 9 on WELLESLEY CLOSE.