2 Ridge Close

    2, RIDGE CLOSE, BANBURY, OX16 9BJ

    This semi-detached freehold property on Ridge Close last sold in October 2023 for £275,000. Based on price growth in the OX16 district since then, its estimated current value is £290,435 — placing it in the 47th percentile nationally and the 49th percentile within OX16. The property covers 66 m² (710 sq ft), giving an estimated value of £4,401 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £275,000

    Oct 2023

    Estimated Valuation

    £290,435

    Est. £/sq ft

    £409/sq ft

    £4,401/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateJun 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2023

    £275,000

    10 Mar 1995

    £47,000

    Key Metrics

    Estimated valuation£290,435
    Value per sq ft / m²£409/sq ft (£4,401/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    OX16 district percentile49th percentile
    National percentile47th percentile

    District Context — OX16

    OX16 covers Banbury and surrounding areas in north Oxfordshire, positioned between the Midlands and the Home Counties. It is a market town setting with a mixed demographic and employment base, offering moderate affordability relative to wider Oxfordshire.

    Average Property Price - OX16

    £308,904

    45

    National percentile

    Average Net Household Income - OX16

    £39,200

    55

    National percentile

    10-Year Annualised Price Growth - OX16

    4.1%

    71

    National percentile

    10-Year Annualised Rent Growth - OX

    3.7%

    41

    National percentile

    View full analysis for OX16

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