1, JAPONICA CLOSE, BICESTER, OX26 3YB - £410,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 JAPONICA CLOSE is a small extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £410,000 in July 2022, which was around 25% below the average July 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

1 JAPONICA CLOSE Sold Prices

Land registry data shows four sales for 1 JAPONICA CLOSE 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 1 JAPONICA CLOSE 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
2022 29 JUL	£410,000	£546,204	25% below HPI
2008 5 MAR	£190,000	£344,637	45% below HPI
1998 29 MAY	£100,500	£134,040	25% below HPI
1995 31 MAR	£73,000	£94,954	23% below HPI

1 JAPONICA CLOSE 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 1 JAPONICA CLOSE sales between March 1995 and July 2022 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 March 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 JAPONICA CLOSE?

1 JAPONICA CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 1 JAPONICA CLOSE lies on this distribution: 31% of detached houses are smaller than 1 JAPONICA CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bicester.

1 JAPONICA CLOSE: Plot and Title Map

1 JAPONICA CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 1 JAPONICA CLOSE, 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 1 JAPONICA CLOSE). 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 1 JAPONICA CLOSE?

1 JAPONICA CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 1 on JAPONICA CLOSE.