2, THE CUTTINGS, BANBURY ROAD, BICESTER, OX26 3NJ - £490,000

2 THE CUTTINGS is a very large extended detached house of 193m², built sometime between 1983 and 1990. It was last sold for £490,000 in March 2021, which was around 1% above the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

2 THE CUTTINGS Sold Prices

Land registry data shows four sales for 2 THE CUTTINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Most of the four 2 THE CUTTINGS sales were for above 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
2021 19 MAR	£490,000	£487,015	1% above HPI
2012 19 JUN	£335,000	£338,838	1% below HPI
2001 15 MAY	£211,000	£204,799	3% above HPI
1999 13 JUL	£160,000	£154,770	3% above HPI

2 THE CUTTINGS 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 four 2 THE CUTTINGS sales between July 1999 and March 2021 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 June 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 THE CUTTINGS?

2 THE CUTTINGS is 193m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 2 THE CUTTINGS lies on this distribution: 97% of detached houses are smaller than 2 THE CUTTINGS, and 3% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 THE CUTTINGS: Plot and Title Map

2 THE CUTTINGS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 THE CUTTINGS, 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 2 THE CUTTINGS). 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 2 THE CUTTINGS?

2 THE CUTTINGS is located on BANBURY ROAD in BICESTER, in the OX26 postcode district. The below map shows the position of 2 THE CUTTINGS on BANBURY ROAD.