24, LOWER CLOSE, BODICOTE, BANBURY, OX15 4DZ - £242,500

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.

24 LOWER CLOSE is a very small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £391,898. It was last sold for £242,500 in September 2007, which was around 32% below the average September 2007 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

24 LOWER CLOSE Sold Prices

Land registry data shows one sale for 24 LOWER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2007 14 SEP	£242,500	£358,209	32% below HPI

What might 24 LOWER CLOSE be worth now?

24 LOWER CLOSE might now be worth an estimated £391,898.

This is based on house price inflation of 61.6%, between September 2007 and May 2026, 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 61.6% inflationary increase is applied to the most recent sale price for 24 LOWER CLOSE of £242,500 on 14th September 2007. For the value to have increased from £242,500 to £391,898 over the nineteen years and four months to May 2026, the following assumptions must hold true:

• The value of 24 LOWER CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The September 2007 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 24 LOWER CLOSE has not materially changed since September 2007.

How Large is 24 LOWER CLOSE?

24 LOWER CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where 24 LOWER CLOSE lies on this distribution: 19% of detached houses are smaller than 24 LOWER CLOSE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Bodicote.

24 LOWER CLOSE: Plot

24 LOWER CLOSE sits on a plot of roughly 0.157 of an acre, or 636m².

Where is 24 LOWER CLOSE?

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