Sold STC Flat

5 BIRD CLOSE

BANBURY, OXFORDSHIRE OX16 0DF

2 beds 1 baths Listed 3 Mar 2020 (-2342d)

£160,000

Reduced on 30 Oct 2020

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# 2 bedroom flat for sale (OX16 0DF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 BIRD CLOSE, BANBURY, OXFORDSHIRE OX16 0DF |
| Price | £160,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £145,000 Jun 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 26/02/2030
- **Current heating cost:** £347/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2638-1081-7282-3070-7274)

## Description

A very spacious and well presented first floor maisonette with two bedrooms and a large garden in a quiet cul de sac location close to local amenities.

## Property Photos

- ![Photo 10](/listings/photos/90051374/1648618) - Photo 10
- ![Photo 10](/listings/photos/90051374/1648619) - Photo 10
- ![Photo 1](/listings/photos/90051374/1648620) - Photo 1
- ![Photo 4](/listings/photos/90051374/1648621) - Photo 4
- ![Photo 2](/listings/photos/90051374/1648622) - Photo 2
- ![Photo 3](/listings/photos/90051374/1648623) - Photo 3
- ![Photo 5](/listings/photos/90051374/1648624) - Photo 5
- ![Photo 6](/listings/photos/90051374/1648625) - Photo 6
- ![Photo 10](/listings/photos/90051374/1648626) - Photo 10

## Floorplans

- ![Floorplan 1](/listings/photos/90051374/1648627) - Floorplan 1

## EPC Graphs

- ![Energy Perform...](/listings/photos/90051374/1648628) - Energy Perform...

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #2596885
- **Address:** 5 Bird Close, BANBURY, OX16 0DF
- **Certificate Issued:** 11/04/2005
- **Work Completed:** 02/03/2005
- **Items:** 8 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 BIRD CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 0DF | £145,000 | 30/06/2021 | Flat |
| 5 BIRD CLOSE, BANBURY, CHERWELL, OXFORDSHIRE, OX16 0DF | £140,000 | 05/10/2015 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PARK COURT, 62 FLAT 7 PARK ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 0DH | £83,700 | 12/05/2023 | Flat |
| PARK COURT, 62 FLAT 3 PARK ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 0DH | £114,000 | 26/08/2022 | Flat |

**Area average:** £98,850 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £151,824 (34 Flat, OX16, 2024–2026)
- **Deviation:** +5.4%

## Rental Range

*ONS Price Index of Private Rents (Cherwell). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,162/mo
- **Realistic:** £1,291/mo
- **Optimistic:** £1,420/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cherwell Valley (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £947/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Wimborne Avenue, OX16 | £1,275/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Broughton Road, OX16 | £1,250/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Flat, Butchers Row, OX16 | £1,750/mo | 2 | 0.59 miles | OpenRent |
| 2 Bed Terraced House, Frensham Close, OX16 | £1,275/mo | 2 | 1.01 miles | OpenRent |
| 2 Bed Semi-Detached House, Junction Road, OX16 | £1,450/mo | 2 | 1.07 miles | OpenRent |

**Average rent: £1,400/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.8% (okay)
- **Max investor price (0.8%):** £159,375
- **Target investor price (1%):** £127,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,275/mo).*

- **Gross yield:** 9.6%
- **Cost-to-rent:** 10.5×
- **Monthly cashflow:** £492/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 12.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,286/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 6%
- **10y growth:** -2.7%

## House Price Index (HM Land Registry)

*Official index for Cherwell; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -1.2%
- **5y growth (index):** 6.4%
- **10y growth (index):** 10.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 10 Photo 10 Photo 1 Photo 4 Photo 2 Photo 3 Photo 5 Photo 6 Photo 10

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Property details

Tenure

LEASEHOLD

EPC rating

Last sold

£145,000 Jun 2021

Price per m²

£2,286/m²

Local average

£151,824 (+5.4%)

Deprivation

Decile 3 (10,102 of 33,755)

Street crime

316 incidents within 1 mile (May 2026)

Key features

VERY SPACIOUS TWO BEDROOM MAISONETTE
CONVENIENTLY LOCATED CLOSE TO AMENITIES
LARGE SITTING ROOM
TWO DOUBLE BEDROOMS
MODERN FAMILY BATHROOM
KITCHEN/BREAKFAST ROOM
NEW GAS CENTRAL HEATING SYSTEM
LARGE REAR GARDEN
TWO USEFUL OUTSIDE STORE CUPBOARDS
ON STREET PARKING

Additional details

Garden: Yes

Description

A very spacious and well presented first floor maisonette with two bedrooms and a large garden in a quiet cul de sac location close to local amenities.

Listed by

Banbury

Round & Jackson Estate Agents Limited

Reference: 90051374

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 27/02/2020

Expiry date: 26/02/2030

Current heating cost: £347/year

Potential heating cost: £347/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

Energy Perform...

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #2596885

Property Details

Street: 5 Bird Close

Town: BANBURY

Postcode: OX16 0DF

Installation Details

Items: 8 windows

Certificate Issued: 11/04/2005

Work Completed: 02/03/2005

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

4% since 2015

Event	Date	Price	% change
Sold	30/06/2021 (5 years ago)	£145,000	+3.6%
Sold	05/10/2015 (10 years ago)	£140,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
PARK COURT, 62 FLAT 7 PARK ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 0DH	£83,700	12/05/2023	Flat
PARK COURT, 62 FLAT 3 PARK ROAD, BANBURY, CHERWELL, OXFORDSHIRE, OX16 0DH	£114,000	26/08/2022	Flat

Area average: £98,850 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 6%

10y growth -2.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Cherwell. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.2%

5y (index) 6.4%

10y (index) 10.5%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: SANCTUARY HOUSING ASSOCIATION (IP19059R)

Rental Range

Estimated market rent for Cherwell. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,162/mo

Realistic £1,291/mo

Optimistic £1,420/mo

Based on Local Authority from postcode lookup → Cherwell.

LHA (30th percentile) floor for Cherwell Valley: £947/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View OX16 0DF

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Glanville Gardens	0.0 miles
Bus stop	Hilton Road	0.1 miles
Shop	Sue Ryder	0.2 miles
Shop	Banbury Express	0.2 miles
Train station	Banbury	1.0 miles
Hospital	Horton Midwifery-led Unit	1.0 miles
Train station	King's Sutton	4.2 miles
Hospital	Hospital Car Park	11.6 miles

Street-level crime

Category	Count
Violence and sexual offences	128
Anti-social behaviour	42
Public order	29
Shoplifting	27
Criminal damage and arson	25
Other theft	19
Vehicle crime	11
Other crime	9
Drugs	8
Burglary	5
Possession of weapons	4
Bicycle theft	3
Robbery	3
Theft from the person	3
Total incidents	316

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Frank Wise School	Other	0.4 miles	Outstanding — 26 Mar 2015
Hill View Primary School	Primary	0.4 miles	Good — 9 Mar 2022
Orchard Fields Community School	Primary	0.4 miles	Good — 14 Mar 2019
St Joseph's Catholic Primary School, Banbury	Primary	0.4 miles	Requires improvement — 7 Mar 2023
St Mary's Church of England Primary School, Banbury	Primary	0.5 miles	Good — 5 May 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, Wimborne Avenue, OX16	£1,275/mo	2	0.06 miles	OpenRent
2 Bed Flat, Broughton Road, OX16	£1,250/mo	2	0.35 miles	OpenRent
2 Bed Flat, Butchers Row, OX16	£1,750/mo	2	0.59 miles	OpenRent
2 Bed Terraced House, Frensham Close, OX16	£1,275/mo	2	1.01 miles	OpenRent
2 Bed Semi-Detached House, Junction Road, OX16	£1,450/mo	2	1.07 miles	OpenRent

Average rent: £1,400/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.8%

Max investor price (0.8%) £159,375

Target investor price (1%) £127,500

Gross yield 9.6%

Cost-to-rent ratio 10.5×

Monthly cashflow £492/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 12.7%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).