5, Hornbeam Close
5, Hornbeam Close
Description & Estimates
Public records show 5, Hornbeam Close, Banbury to be a modern leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5, Hornbeam Close, Banbury has an estimated sale value of £161,232 and an estimated rental value of £832 per month, assuming reasonable condition and based on the information available.
Hornbeam Close, Banbury, OX16 lies in the borough of Cherwell, within the OX16 postal district.
Our Data Sources
5, Hornbeam Close, Banbury has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Hornbeam Close, Banbury would be worth £169,293, with a potential rental value of £874 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £149,945, with a rental value of £774 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Hornbeam Close, Banbury has moved down by £2,702 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (2.5%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
5, Hornbeam Close, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Hornbeam Close, Banbury last changed hands on 16th August 2022, selling for £176,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 23.6% since August 2022.
- Sold Aug 2022£176,000
- Sold Jan 2005£117,000
- Sold Jun 2000£77,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 5, Hornbeam Close, Banbury across the last 2 years.
Most recently, Flat 4, 2, Broughton Road, Banbury, OX16 9PZ, a leasehold flat, sold at £154,000 on the 6th August 2021.
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
Our analysis of the public data ranks 5, Hornbeam Close, Banbury as the 8th largest and the 8th most expensive of the 9 addresses on Hornbeam Close, Banbury, OX16.
Against the OX16 postcode district average, it is £124k less expensive than the typical property.
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Schools Nearby
- 300mQueensway School
- 400mOrchard Fields Community School
- 700mHarriers Banbury Academy
- 1.0kmFutures Institute Banbury
- 1.0kmWykham Park
- 1.3kmBlessed George Napier Catholic School and Sixth Form
More reading links
Public Transport Nearby
Banbury station is the nearest stop to 5, Hornbeam Close, Banbury at 1.6 kilometres away.
- 1.6kmBanbury
- 6.3kmKings Sutton
- 15.8kmHeyford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
