Our Data Sources
8, Reid Close, Banbury has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated March 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
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 8, Reid Close, Banbury, we estimate a market value of £268,479 and a rental value of £1,332 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,795 and £1,180 per month respectively.
Plot Size
HM Land Registry records the plot of land for 8, Reid Close, Banbury as measuring 153 m2.
That makes it the 18th largest plot in the postcode, where 18 of the 19 other houses have recorded plot data.
Energy Efficiency
8, Reid Close, Banbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2019.
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 8, Reid Close, Banbury completed on 20th December 2024 at £265,000 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 6.1% over the period since December 2024.
- Sold Dec 2024£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Reid Close, Banbury have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 113, Warwick Road, Banbury, OX16 2AR, a freehold house which sold for £250,000.
Read more about house prices in OX16.
- Sold Jun 2024£250,000 | 3 Bed House113, Warwick Road, Banbury, OX16 2AR113, Warwick Road, Banbury, OX16 2AR
- Sold Jun 2023£280,000 | 3 Bed House131, Warwick Road, Banbury, OX16 2AR131, Warwick Road, Banbury, OX16 2AR
- Sold Feb 2020£191,000 | 3 Bed House7, Reid Close, Banbury, OX16 0SZ7, Reid Close, Banbury, OX16 0SZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Reid Close, Banbury, OX16, 8, Reid Close, Banbury comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the OX16 district.
More reading links
Schools Nearby
- 600mSt Mary's Church of England Primary School, Banbury
- 700mHill View Primary School
- 800mOrchard Fields Community School
- 1.6kmFutures Institute Banbury
- 1.6kmNorth Oxfordshire Academy
- 1.7kmWykham Park
More reading links
Public Transport Nearby
- 1.4kmBanbury
- 6.6kmKings Sutton
- 16.5kmHeyford
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
