2, Noral Close
2, Noral Close
Description & Estimates
According to the public record, 2, Noral Close, Banbury is a modern freehold house with 1,840 ft2 of internal area and sits on a 344 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Noral Close, Banbury is £592,198 and the estimated rental value is £1,852 per month.
Noral Close, Banbury, OX16 is located in the borough of Cherwell within the OX16 postal district.
Our Data Sources
2, Noral Close, Banbury has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Noral Close, Banbury is in very good condition we estimate a sale value of £621,808 and a rental value of £1,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £550,744 and a rental value of £1,722 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Noral Close, Banbury has decreased by £9,539 (1.6%), while its estimated rental value has grown by £52 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 2, Noral Close, Banbury sits on a plot of 344 m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Noral Close, Banbury sits on the 9th largest plot.
Energy Efficiency
2, Noral Close, Banbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
According to HM Land Registry, 2, Noral Close, Banbury was last sold on 14th October 2022 for £570,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has dropped by 6.5%.
- Sold Oct 2022£570,000
- Sold Jun 2019£450,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Noral Close, Banbury within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 5, Noral Close, Banbury, OX16 2DW, a freehold house which sold for £495,000 on the 2nd November 2018.
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
Noral Close, Banbury, OX16 has a total of 9 addresses. According to our analysis of all the public data, 2, Noral Close, Banbury is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £307k more expensive than the average property in OX16.
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Schools Nearby
- 300mCherry Fields Primary School
- 900mHanwell Fields Community School
- 1.7kmHardwick Primary School and Nursery
- 2.5kmNorth Oxfordshire Academy
- 3.6kmFutures Institute Banbury
- 3.7kmWykham Park
More reading links
Public Transport Nearby
The closest station to 2, Noral Close, Banbury is Banbury station, which is 2.5 kilometres away.
- 2.5kmBanbury
- 7.7kmKings Sutton
- 18.3kmHeyford
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
