THE CEDARS, WATER LANE, FEWCOTT, BICESTER, OX27 7NX - £495,000

THE CEDARS is a large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £495,000 in March 2019, which was around 5% above the average March 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

THE CEDARS Sold Prices

Land registry data shows six sales for THE CEDARS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. three of the six THE CEDARS sales were for above the average price, and six 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
2019 25 MAR	£495,000	£473,030	5% above HPI
2010 23 APR	£360,000	£335,428	7% above HPI
2006 20 JAN	£338,000	£306,998	10% above HPI
2004 30 NOV	£168,500	£306,530	45% below HPI
2004 28 JUL	£160,000	£290,761	45% below HPI
2003 5 SEP	£230,000	£281,312	18% below HPI

THE CEDARS 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 six THE CEDARS sales between September 2003 and March 2019 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 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE CEDARS?

THE CEDARS is 140m² according to the EPC inspection conducted in December 2009. This puts it in the largest 40% of detached houses in Fewcott, based on EPC data. The below chart shows the distribution of detached houses by size in Fewcott, and where THE CEDARS lies on this distribution: 68% of detached houses are smaller than THE CEDARS, and 32% of houses are larger. Note that EPC data is not available for all properties in Fewcott.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on WATER LANE in FEWCOTT, in the OX27 postcode district. The below map shows the position of THE CEDARS on WATER LANE.