11, OLD SCHOOL CLOSE, CAVERSFIELD, BICESTER, OX27 8TW - £385,000

11 OLD SCHOOL CLOSE is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £385,000 in August 2018, which was around 22% below the average August 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

11 OLD SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 11 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 11 OLD SCHOOL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 17 AUG	£385,000	£491,292	22% below HPI
2002 12 APR	£195,000	£227,050	14% below HPI
2001 23 MAR	£165,000	£194,342	15% below HPI

11 OLD SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 11 OLD SCHOOL CLOSE sales between March 2001 and August 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 11 OLD SCHOOL CLOSE?

11 OLD SCHOOL CLOSE is 108m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 11 OLD SCHOOL CLOSE lies on this distribution: 41% of detached houses are smaller than 11 OLD SCHOOL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bicester.

11 OLD SCHOOL CLOSE: Plot and Title Map

11 OLD SCHOOL CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 11 OLD SCHOOL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 OLD SCHOOL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 OLD SCHOOL CLOSE?

11 OLD SCHOOL CLOSE is located in CAVERSFIELD, in the OX27 postcode district. The below map shows the position of No. 11 on OLD SCHOOL CLOSE.