41, MERGANSER DRIVE, BICESTER, OX26 6XT - £245,000

41 MERGANSER DRIVE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £245,000 in March 2021, which was around 50% below the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

41 MERGANSER DRIVE Sold Prices

Land registry data shows four sales for 41 MERGANSER DRIVE 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. All of the four 41 MERGANSER DRIVE 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
2021 26 MAR	£245,000	£487,015	50% below HPI
2017 28 APR	£257,000	£471,855	46% below HPI
2003 9 MAY	£127,000	£275,254	54% below HPI
1998 15 JUN	£62,500	£138,704	55% below HPI

41 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 four 41 MERGANSER DRIVE sales between June 1998 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 April 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 41 MERGANSER DRIVE?

41 MERGANSER DRIVE is 61m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 41 MERGANSER DRIVE lies on this distribution: 2% of detached houses are smaller than 41 MERGANSER DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bicester.

41 MERGANSER DRIVE: Plot and Title Map

41 MERGANSER DRIVE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 41 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 41 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 41 MERGANSER DRIVE?

41 MERGANSER DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 41 on MERGANSER DRIVE.