11, THE MAGNOLIAS, BICESTER, OX26 3YG - £250,000

11 THE MAGNOLIAS is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £250,000 in October 2013, which was around 33% below the average October 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

11 THE MAGNOLIAS Sold Prices

Land registry data shows three sales for 11 THE MAGNOLIAS 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 THE MAGNOLIAS 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
2013 11 OCT	£250,000	£371,727	33% below HPI
2009 25 SEP	£228,000	£320,163	29% below HPI
1995 31 OCT	£67,950	£99,096	31% below HPI

11 THE MAGNOLIAS 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 THE MAGNOLIAS sales between October 1995 and October 2013 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 September 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 11 THE MAGNOLIAS?

11 THE MAGNOLIAS is 80m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% 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 THE MAGNOLIAS lies on this distribution: 10% of detached houses are smaller than 11 THE MAGNOLIAS, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicester.

11 THE MAGNOLIAS: Plot and Title Map

11 THE MAGNOLIAS sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 11 THE MAGNOLIAS, 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 THE MAGNOLIAS). 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 THE MAGNOLIAS?

11 THE MAGNOLIAS is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 11 on THE MAGNOLIAS.