62, WEAR ROAD, BICESTER, OX26 2FF - £260,000

62 WEAR ROAD is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £260,000 in November 2021, which was around 49% below the average November 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

62 WEAR ROAD Sold Prices

Land registry data shows three sales for 62 WEAR ROAD 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 62 WEAR ROAD 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 4 NOV	£260,000	£513,311	49% below HPI
2017 18 DEC	£300,000	£483,224	38% below HPI
2013 6 DEC	£220,000	£375,311	41% below HPI

62 WEAR ROAD 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 62 WEAR ROAD sales between December 2013 and November 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 December 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 62 WEAR ROAD?

62 WEAR ROAD is 80m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 62 WEAR ROAD lies on this distribution: 10% of detached houses are smaller than 62 WEAR ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicester.

62 WEAR ROAD: Plot and Title Map

62 WEAR ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 62 WEAR ROAD, 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 62 WEAR ROAD). 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 62 WEAR ROAD?

62 WEAR ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 62 on WEAR ROAD.