5, Orchard Close
5, Orchard Close
Description & Estimates
5, Orchard Close, Banbury is recorded publicly as an early-century freehold house across 839 ft2 of internal area, sitting on a 242 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Orchard Close, Banbury is £284,458 and its rental estimate is £1,322 per month, given the available information and assuming reasonable condition.
Orchard Close, Banbury, OX16 falls within the OX16 postal district, in the borough of Cherwell.
Our Data Sources
5, Orchard Close, Banbury has a single entry in the Land Registry from August 2008 and a single entry in the EPC database dated October 2022.
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
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 5, Orchard Close, Banbury, we estimate a market value of £298,681 and a rental value of £1,388 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,546 and £1,229 per month respectively.
Recent Market Change
Over the last year, 5, Orchard Close, Banbury has seen its estimated sale value drop by £3,897 (1.4%) and its estimated rental value rise by £41 per month (3.1%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 5, Orchard Close, Banbury as measuring 242 m2.
That makes it the 6th largest plot in the postcode, where 16 of the 19 other houses have recorded plot data.
Energy Efficiency
5, Orchard Close, Banbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Orchard Close, Banbury completed on 1st August 2008 at £75,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 73.3% over the period since August 2008.
- Sold Aug 2008£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Orchard Close, Banbury have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th November 2024, was 10, Cromwell Road, Banbury, OX16 0HH, a freehold house which sold for £267,750.
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 19 addresses on Orchard Close, Banbury, OX16, 5, Orchard Close, Banbury comes out as the 18th largest and the 17th most expensive in our analysis of the public data.
It is also £1k less expensive than the average property across the OX16 district.
More reading links
Schools Nearby
- 400mHill View Primary School
- 700mSt Joseph's Catholic Primary School, Banbury
- 800mOrchard Fields Community School
- 1.3kmNorth Oxfordshire Academy
- 1.8kmFutures Institute Banbury
- 1.9kmWykham Park
More reading links
Public Transport Nearby
From 5, Orchard Close, Banbury, the nearest station is Banbury, 1.7 kilometres away.
- 1.7kmBanbury
- 6.9kmKings Sutton
- 16.7kmHeyford
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.
