2 Broad Close, Barford St Michael, Banbury, OX15 0RW is a freehold detached property built between 1967-1975. The property offers approximately 1,163 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £424,631 , which equates to approximately £365 per square foot. It was last sold on 5 Dec 2016 for £335,000. Since then, the value has increased by £89,631, representing a 26.8% increase, or approximately 3.0% per year.

The current estimated value of £424,631 is:

  • 24.7% lower than the average property price on Broad Close
  • 21.8% lower than the average in the OX15 0RW postcode area
  • and 25.1% higher than the average price for Banbury as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 February 2017, the property was recorded as owner-occupied.

View sold house prices in OX15 0RW

Building approximate location

About Property

Type
Detached House
Built
1967-1975
Interior Size
1163 sq ft
Tenure
Freehold
Price (estimate)
£424,631
Price Per sq ft (estimate)
£365
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2 Broad Close, Barford St Michael, Banbury, Cherwell, Oxfordshire, OX15 0RW has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 16 Feb 2017.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Sep 2016, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 23.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 25 mm loft insulation, changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 25 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to OX15 0RW

19 th / 19
Price Rank
22% lower than average
10 th / 14
Size Rank
17% smaller than average
10 th / 14
Price Per Sq FT Rank
6% lower than average

Compared to other properties in OX15 0RW , this house's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 10th 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 10th out of 14 properties in its postcode area.

Sale History

Today
£424,631
streetscan.co.uk estimate
+27 %
5 Dec 2016
£335,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1238 sq ft
sale price: £470,000
sale date: 10 Apr 2024
rooms: 4
size: 1001 sq ft
sale price: £307,000
sale date: 28 Nov 2014
rooms: 5
size: 1109 sq ft
sale price: £325,000
sale date: 29 Apr 2014
rooms: 5
size: 1076 sq ft
sale price: £92,500
sale date: 31 Jan 1996

Data Sources

The property at 2 Broad Close, Barford St Michael, Banbury, Cherwell, Oxfordshire, OX15 0RW appears once in the Land Registry records, with the transaction recorded on 5 Dec 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Feb 2017. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.