3, MAY TREE CLOSE, BICESTER, OX26 6PA - £380,000

3 MAY TREE CLOSE is a small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £380,000 in August 2019, which was around 19% below the average August 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

3 MAY TREE CLOSE Sold Prices

Land registry data shows four sales for 3 MAY TREE CLOSE 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 3 MAY TREE 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
2019 1 AUG	£380,000	£468,433	19% below HPI
2002 10 JUL	£205,000	£238,731	14% below HPI
2001 22 AUG	£175,000	£208,652	16% below HPI
1998 12 FEB	£137,000	£134,576	2% above HPI

3 MAY TREE 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 four 3 MAY TREE CLOSE sales between February 1998 and August 2019 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 July 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 MAY TREE CLOSE?

3 MAY TREE CLOSE is 103m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 3 MAY TREE CLOSE lies on this distribution: 34% of detached houses are smaller than 3 MAY TREE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bicester.

3 MAY TREE CLOSE: Plot and Title Map

3 MAY TREE CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 3 MAY TREE 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 3 MAY TREE 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 3 MAY TREE CLOSE?

3 MAY TREE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 3 on MAY TREE CLOSE.