38, MERGANSER DRIVE, BICESTER, OX26 6UQ - £300,000

38 MERGANSER DRIVE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £300,000 in November 2007, which was around 18% below the average November 2007 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

38 MERGANSER DRIVE Sold Prices

Land registry data shows two sales for 38 MERGANSER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. One of the two 38 MERGANSER DRIVE sales was for below the average price, whilst the other was 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
2007 16 NOV	£300,000	£363,840	18% below HPI
1996 4 APR	£122,000	£102,434	19% above HPI

38 MERGANSER DRIVE 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 two 38 MERGANSER DRIVE sales from April 1996 and November 2007 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 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2007 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 MERGANSER DRIVE?

38 MERGANSER DRIVE is 85m² according to the EPC inspection conducted in September 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 38 MERGANSER DRIVE lies on this distribution: 16% of detached houses are smaller than 38 MERGANSER DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bicester.

38 MERGANSER DRIVE: Plot and Title Map

38 MERGANSER DRIVE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 38 MERGANSER DRIVE, 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 38 MERGANSER DRIVE). 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 38 MERGANSER DRIVE?

38 MERGANSER DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 38 on MERGANSER DRIVE.