1, LODGE CLOSE, BICESTER, OX26 3TE - £115,500

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 LODGE CLOSE is a large extended detached house of 146m², built sometime between 1991 and 1995. It was last sold for £115,500 in December 1996, which was around 15% above the average December 1996 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

1 LODGE CLOSE Sold Prices

Land registry data shows two sales for 1 LODGE CLOSE 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 1 LODGE CLOSE 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
1996 13 DEC	£115,500	£100,237	15% above HPI
1996 20 SEP	£113,000	£108,424	4% above HPI

1 LODGE 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 two 1 LODGE CLOSE sales from September 1996 and December 1996 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 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 1996 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 LODGE CLOSE?

1 LODGE CLOSE is 146m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 LODGE CLOSE lies on this distribution: 78% of detached houses are smaller than 1 LODGE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bicester.

1 LODGE CLOSE: Plot and Title Map

1 LODGE CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1 LODGE 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 LODGE 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 LODGE CLOSE?

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