MERCER HOUSE, PEREGRINE WAY, BICESTER, OX26 6XB - £425,000

MERCER HOUSE is a very large detached house of 177m², built sometime between 1991 and 1995. It was last sold for £425,000 in October 2013, which was around 14% above the average October 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

MERCER HOUSE Sold Prices

Land registry data shows two sales for MERCER HOUSE 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. Both of the two MERCER HOUSE sales were 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
2013 25 OCT	£425,000	£371,727	14% above HPI
1995 27 JAN	£137,000	£93,342	47% above HPI

MERCER HOUSE 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 MERCER HOUSE sales from January 1995 and October 2013 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 January 1995 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2013 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is MERCER HOUSE?

MERCER HOUSE is 177m² according to the EPC inspection conducted in January 2024. This puts it in the largest 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 MERCER HOUSE lies on this distribution: 93% of detached houses are smaller than MERCER HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bicester.

MERCER HOUSE: Plot and Title Map

MERCER HOUSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of MERCER HOUSE, 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 MERCER HOUSE). 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 MERCER HOUSE?

MERCER HOUSE is located on PEREGRINE WAY in BICESTER, in the OX26 postcode district. The below map shows the position of MERCER HOUSE on PEREGRINE WAY.