18, LOWER CLOSE, BODICOTE, BANBURY, OX15 4DZ - £275,000

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.

18 LOWER CLOSE is a very large extended semi-detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £390,631. It was last sold for £275,000 in March 2015, which was around 10% above the average March 2015 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

18 LOWER CLOSE Sold Prices

Land registry data shows one sale for 18 LOWER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 11 MAR	£275,000	£249,920	10% above HPI

What might 18 LOWER CLOSE be worth now?

18 LOWER CLOSE might now be worth an estimated £390,631.

This is based on house price inflation of 42%, between March 2015 and April 2026, 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 42% inflationary increase is applied to the most recent sale price for 18 LOWER CLOSE of £275,000 on 11th March 2015. For the value to have increased from £275,000 to £390,631 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of 18 LOWER CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The March 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LOWER CLOSE has not materially changed since March 2015.

How Large is 18 LOWER CLOSE?

18 LOWER CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of semi-detached houses in Bodicote, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Bodicote, and where 18 LOWER CLOSE lies on this distribution: 83% of semi-detached houses are smaller than 18 LOWER CLOSE, and 13% of semi-detached houses are larger. Note that EPC data is not available for all properties in Bodicote.

18 LOWER CLOSE: Plot

18 LOWER CLOSE sits on a plot of roughly 0.107 of an acre, or 433m².

Where is 18 LOWER CLOSE?

18 LOWER CLOSE is located in BODICOTE, in the OX15 postcode district.