8, CHAPEL DRIVE, AMBROSDEN, BICESTER, OX25 2RS - £375,000

8 CHAPEL DRIVE is a very small detached house of 107m², built sometime between 1996 and 2002. It was last sold for £375,000 in August 2016, which was around 21% below the average August 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 CHAPEL DRIVE Sold Prices

Land registry data shows four sales for 8 CHAPEL 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. Most of the four 8 CHAPEL 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
2016 31 AUG	£375,000	£475,808	21% below HPI
2008 1 APR	£315,000	£347,504	9% below HPI
2006 21 MAR	£274,000	£304,050	10% below HPI
1997 12 DEC	£132,500	£129,295	2% above HPI

8 CHAPEL 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 8 CHAPEL DRIVE sales between December 1997 and August 2016 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 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 CHAPEL DRIVE?

8 CHAPEL DRIVE is 107m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Ambrosden, based on EPC data. The below chart shows the distribution of detached houses by size in Ambrosden, and where 8 CHAPEL DRIVE lies on this distribution: 16% of detached houses are smaller than 8 CHAPEL DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ambrosden.

8 CHAPEL DRIVE: Plot and Title Map

8 CHAPEL DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 8 CHAPEL 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 8 CHAPEL 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 8 CHAPEL DRIVE?

8 CHAPEL DRIVE is located in AMBROSDEN, in the OX25 postcode district. The below map shows the position of No. 8 on CHAPEL DRIVE.