1, Fairfax Close
1, Fairfax Close
Description & Estimates
1, Fairfax Close, Banbury is recorded publicly as a mid-century freehold house across 911 ft2 of internal area, sitting on a 279 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Fairfax Close, Banbury is £254,964 and its rental estimate is £1,257 per month, given the available information and assuming reasonable condition.
Fairfax Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
1, Fairfax Close, Banbury has 2 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated October 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Fairfax Close, Banbury, we estimate a market value of £267,712 and a rental value of £1,320 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,116 and £1,169 per month respectively.
Recent Market Change
Over the last year, 1, Fairfax Close, Banbury has seen its estimated sale value move down by £3,493 (1.4%) and its estimated rental value increase by £39 per month (3.1%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 1, Fairfax Close, Banbury as measuring 279 m2.
That makes it the 2nd largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
1, Fairfax Close, Banbury has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Oct 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 1, Fairfax Close, Banbury completed on 28th August 2014 at £173,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 62.6% over the period since August 2014.
- Sold Aug 2014£173,000
- Sold May 2009£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Fairfax Close, Banbury have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2025, was 15, Fairfax Close, Banbury, OX16 0NN, a freehold house which sold for £255,000.
Read more about house prices in OX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Fairfax Close, Banbury, OX16, 1, Fairfax Close, Banbury comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £31k less expensive than the average property across the OX16 district.
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Schools Nearby
- 300mOrchard Fields Community School
- 500mQueensway School
- 600mSt Joseph's Catholic Primary School, Banbury
- 1.2kmFutures Institute Banbury
- 1.2kmWykham Park
- 1.5kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
From 1, Fairfax Close, Banbury, the nearest station is Banbury, 2.0 kilometres away.
- 2.0kmBanbury
- 6.5kmKings Sutton
- 15.8kmHeyford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
