# 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)