7, LOWER CLOSE, BODICOTE, BANBURY, OX15 4DZ - £392,500

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.

7 LOWER CLOSE is a small extended detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £406,094. It was last sold for £392,500 in August 2024, which was around 29% below the average August 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

7 LOWER CLOSE Sold Prices

Land registry data shows one sale for 7 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
2024 23 AUG	£392,500	£556,059	29% below HPI

What might 7 LOWER CLOSE be worth now?

7 LOWER CLOSE might now be worth an estimated £406,094.

This is based on house price inflation of 3.5%, between August 2024 and April 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 3.5% inflationary increase is applied to the most recent sale price for 7 LOWER CLOSE of £392,500 on 23rd August 2024. For the value to have increased from £392,500 to £406,094 over the two years and four months to April 2026, the following assumptions must hold true:

• The value of 7 LOWER CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2024 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 7 LOWER CLOSE has not materially changed since August 2024.

How Large is 7 LOWER CLOSE?

7 LOWER CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where 7 LOWER CLOSE lies on this distribution: 22% of detached houses are smaller than 7 LOWER CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Bodicote.

Where is 7 LOWER CLOSE?

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