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 KESTREL WAY is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £380,000 in February 2019, which was around 20% below the average February 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 1 KESTREL WAY since 1st 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. All of the six 1 KESTREL WAY 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 |
---|---|---|---|
2019 8 FEB | £380,000 | £477,440 | 20% below HPI |
2018 28 SEP | £390,000 | £493,534 | 21% below HPI |
2007 8 NOV | £287,500 | £363,840 | 21% below HPI |
2004 15 OCT | £240,000 | £307,792 | 22% below HPI |
2001 27 APR | £165,000 | £200,565 | 18% below HPI |
1997 2 JUL | £116,000 | £118,420 | 2% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The six 1 KESTREL WAY sales between July 1997 and February 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 September 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
1 KESTREL WAY is 117m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 KESTREL WAY lies on this distribution: 50% of detached houses are smaller than 1 KESTREL WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Bicester.
1 KESTREL WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 KESTREL WAY, 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 KESTREL WAY). 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.
1 KESTREL WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 1 on KESTREL WAY.