3, CHERRYS CLOSE, BLOXHAM, BANBURY, OX15 4TD - £242,000

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.

3 CHERRYS CLOSE is a very small extended detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £404,241. It was last sold for £242,000 in February 2013, which was around 30% below the average February 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

3 CHERRYS CLOSE Sold Prices

Land registry data shows one sale for 3 CHERRYS 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
2013 1 FEB	£242,000	£346,555	30% below HPI

What might 3 CHERRYS CLOSE be worth now?

3 CHERRYS CLOSE might now be worth an estimated £404,241.

This is based on house price inflation of 67%, between February 2013 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 67% inflationary increase is applied to the most recent sale price for 3 CHERRYS CLOSE of £242,000 on 1st February 2013. For the value to have increased from £242,000 to £404,241 over the twelve years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 CHERRYS CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2013 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRYS CLOSE has not materially changed since February 2013.

How Large is 3 CHERRYS CLOSE?

3 CHERRYS CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Bloxham, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxham, and where 3 CHERRYS CLOSE lies on this distribution: 6% of detached houses are smaller than 3 CHERRYS CLOSE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Bloxham.

3 CHERRYS CLOSE: Plot

3 CHERRYS CLOSE sits on a plot of roughly 0.071 of an acre, or 289m².

Where is 3 CHERRYS CLOSE?

3 CHERRYS CLOSE is located in BLOXHAM, in the OX15 postcode district.