5 Millwright Close, Banbury, OX16 0RU is a leasehold flat built between 1900-1929. The property offers approximately 893 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £257,369 , which equates to approximately £288 per square foot. It was last sold on 2 Sep 2002 for £127,000. Since then, the value has increased by £130,369, representing a 102.7% increase, or approximately 4.4% per year.

The current estimated value of £257,369 is:

  • 17.7% lower than the average property price on Millwright Close
  • 12.6% lower than the average in the OX16 0RU postcode area
  • and 24.2% lower than the average price for Banbury as a whole

At the most recent EPC inspection on 30 May 2023, the property was recorded as owner-occupied.

View sold house prices in OX16 0RU

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
893 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£257,369
Price Per sq ft (estimate)
£288
Bedroom Count (estimate)
3 bedrooms

EPC Summary

5 Millwright Close, Banbury, Cherwell, Oxfordshire, OX16 0RU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 May 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Mar 2009, and the property received the same rating of D with an unchanged energy efficiency score of 56.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 270 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from sandstone, as built, insulated (assumed) to sandstone or limestone, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to OX16 0RU

15 th / 17
Price Rank
13% lower than average
3 rd / 14
Size Rank
26% bigger than average
14 th / 14
Price Per Sq FT Rank
31% lower than average

Compared to other properties in OX16 0RU , this flat's estimated value ranks 15th out of 17. Based on price per square foot, it ranks 14th 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 3rd out of 14 properties in its postcode area.

Sale History

Today
£257,369
streetscan.co.uk estimate
+103 %
2 Sep 2002
£127,000
Leasehold
+53 %
2 Dec 1998
£83,000
Leasehold

Area Insights

Nearby Properties

6 Millwright Close, Banbury, OX16 0RU
rooms: 3
size: 721 sq ft
sale price: £247,500
sale date: 18 Nov 2015
4 Millwright Close, Banbury, OX16 0RU
rooms: 4
size: 818 sq ft
sale price: £232,500
sale date: 15 Jul 2020
7 Millwright Close, Banbury, OX16 0RU
rooms: 4
size: 936 sq ft
sale price: £297,000
sale date: 19 Jan 2024
3 Millwright Close, Banbury, OX16 0RU
rooms: 3
size: 753 sq ft
sale price: £112,000
sale date: 12 Apr 2002
8 Millwright Close, Banbury, OX16 0RU
rooms: 3
size: 917 sq ft
sale price: £185,000
sale date: 7 Aug 2009

Data Sources

The property at 5 Millwright Close, Banbury, OX16 0RU appears two times in the Land Registry records, with the latest transaction recorded on 2 Sep 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 May 2023. 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.
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