Model valuation£417,0008 Busby Close
Local market context
2 Hornbeam House is a two-bedroom detached house in Banbury (OX16 2BL). It has a recorded floor area of 72 m² (around 777 sq ft), construction records dating it to 2003-2006 and council tax band B. At 72 m² this is the 3rd smallest of 6 units on EPC record in the building, where floor areas span 71–79 m². The building's EPC ratings span C to B, with this unit at the bottom. On EPC score it ranks last in the building (79 versus a best of 81). The latest certificate (May 2009) shows a C (score 79), near the top of the C band. The recommended improvements would push it to B (score 84). The latest certificate is from May 2009, so improvements made since then won't be reflected.
Untraded for 17 years, with the last transfer in October 2009. That sale fell during the post-crash dip, which often skews comparisons against later neighbouring sales. Across 2005–2009, sale prices on this property compounded at -3.5% per year. Today's modelled estimate of £164,000 is 26.2% above the 2009 sale price. On a £-per-square-foot basis, the last sale (£167/sq ft) was about 16.3% below the postcode norm.
2 Hornbeam House's EPC is over a decade old — improvements since won't be reflected.
This certificate is over 10 years old and is no longer valid.Expired 12 May 2019
Certificate validity
Expired on 12 May 2019
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2 Hornbeam House has no planning applications on record.
But the area is active
3 notable applications nearby — larger schemes and conversions that could reshape the street. The report maps them all.
Latest sale on 2 Hornbeam House was the lowest on Land Registry record across the postcode.
£164,000
Modelled from EPC, postcode comparables and a sale-price growth of -3.5% per year over 4 years.
£129,950
Growth on file: -3.5% per year over 4 years.
11 October 2009Most recent
£129,950
-12.8%over 3 years8 December 2005
£149,000
Median price across the last 5 sales in OX16 2BL: £155,000 (2023–2006).
6 Hornbeam House, Foundry Street, Banbury, OX16 2BL
Sold Jul 2023
4 Hornbeam House, Foundry Street, Banbury, OX16 2BL
Sold Nov 2007
3 Hornbeam House, Foundry Street, Banbury, OX16 2BL
Sold Dec 2005
1 Hornbeam House, Foundry Street, Banbury, OX16 2BL
Sold Nov 2005
5 Hornbeam House, Foundry Street, Banbury, OX16 2BL
Sold Nov 2005
2 Hornbeam House is notably below the street on price per m².
Price per m²
£1,801
Street avg £2,235
Floor Area
72 m²
Street avg 74 m²
Habitable Rooms
3 rooms
Street avg 3 rooms
CO₂ Emissions
1.9 t/year
Street avg 1.5 t/year
Property research, connected
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Start your researchOX16 2BL
OX16 2BP
OX16 2BG
OX16 2BT
OX16 2BJ
OX16 2AU
OX16 2AT
OX16 2NB
Crime
342/mo
Steady year-on-year across the wider district.
Nearest stop
0.1 km
Boxhedge Road — bus stop.
Closest school
0.3 km
St Mary's Church of England Primary School, Banbury. 19 schools nearby.
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