16 Oak Farm Close, Milcombe, Banbury, OX15 4GB is a leasehold semi-detached property built in 2012 onwards. The property offers approximately 775 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £229,458 , which equates to approximately £296 per square foot. It was last sold on 18 Dec 2020 for £194,000. Since then, the value has increased by £35,458, representing a 18.3% increase, or approximately 3.7% per year.

The current estimated value of £229,458 is:

  • 40.7% lower than the average property price on Oak Farm Close
  • 39.1% lower than the average in the OX15 4GB postcode area
  • and 34.7% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 9 September 2024, the property was recorded as rented.

View sold house prices in OX15 4GB

Building approximate location

About Property

Type
Semi-Detached House
Built
2012 onwards
Interior Size
775 sq ft
Tenure
Leasehold
Price (estimate)
£229,458
Price Per sq ft (estimate)
£296
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Oak Farm Close, Milcombe, Banbury, Cherwell, Oxfordshire, OX15 4GB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Sep 2024.

This property is heated by an air source heat pump and radiators. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Jul 2014. The rating of C is unchanged, though the energy efficiency score decreased by 6.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.11 w/m-¦k to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from average thermal transmittance 0.25 w/m-¦k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Air source heat pump, radiators, electric
Poor
Hot Water
From main system
Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to OX15 4GB

14 th / 14
Price Rank
39% lower than average
13 th / 14
Size Rank
25% smaller than average
13 th / 14
Price Per Sq FT Rank
19% lower than average

Compared to other properties in OX15 4GB , this house's estimated value ranks 14th out of 14. Based on price per square foot, it ranks 13th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 14 properties in its postcode area.

Sale History

Today
£229,458
streetscan.co.uk estimate
+18 %
18 Dec 2020
£194,000
Leasehold

Area Insights

Nearby Properties

rooms:
size: 743 sq ft
sale price: £235,000
sale date: 29 Aug 2014
rooms: 6
size: 1119 sq ft
sale price: £317,500
sale date: 16 Apr 2021
rooms: 5
size: 926 sq ft
sale price: £295,000
sale date: 18 Jan 2019
rooms:
size: 1023 sq ft
sale price: £325,000
sale date: 22 Mar 2024
rooms:
size: 1012 sq ft
sale price: £295,000
sale date: 11 Dec 2020

Data Sources

The property at 16 Oak Farm Close, Milcombe, Banbury, Cherwell, Oxfordshire, OX15 4GB appears once in the Land Registry records, with the transaction recorded on 18 Dec 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Sep 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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