1, MACKENZIE CLOSE, BICESTER, OX26 2XZ - £425,000

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 MACKENZIE CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £425,000 in June 2021, which was around 15% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

1 MACKENZIE CLOSE Sold Prices

Land registry data shows three sales for 1 MACKENZIE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 1 MACKENZIE 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
2021 14 JUN	£425,000	£501,795	15% below HPI
2006 5 DEC	£275,000	£333,181	17% below HPI
1999 4 AUG	£131,500	£157,659	17% below HPI

1 MACKENZIE 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 three 1 MACKENZIE CLOSE sales between August 1999 and June 2021 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 December 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 MACKENZIE CLOSE?

1 MACKENZIE CLOSE is 82m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% 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 MACKENZIE CLOSE lies on this distribution: 13% of detached houses are smaller than 1 MACKENZIE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bicester.

1 MACKENZIE CLOSE: Plot and Title Map

1 MACKENZIE CLOSE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 1 MACKENZIE 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 MACKENZIE 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 MACKENZIE CLOSE?

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