3, ORCHARD WAY, BICESTER, OX26 2EL - £280,000

3 ORCHARD WAY is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £280,000 in November 2017, which was around 43% below the average November 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

3 ORCHARD WAY Sold Prices

Land registry data shows three sales for 3 ORCHARD WAY 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 3 ORCHARD WAY 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
2017 1 NOV	£280,000	£487,868	43% below HPI
2004 9 FEB	£151,000	£280,484	46% below HPI
1998 18 MAY	£78,500	£134,040	41% below HPI

3 ORCHARD WAY 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 3 ORCHARD WAY sales between May 1998 and November 2017 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 February 2004 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 ORCHARD WAY?

3 ORCHARD WAY is 81m² according to the EPC inspection conducted in August 2016. 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 3 ORCHARD WAY lies on this distribution: 12% of detached houses are smaller than 3 ORCHARD WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Bicester.

3 ORCHARD WAY: Plot and Title Map

3 ORCHARD WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 3 ORCHARD WAY, 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 ORCHARD WAY). 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 ORCHARD WAY?

3 ORCHARD WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 3 on ORCHARD WAY.