1, SAFFRON CLOSE, BICESTER, OX26 3ZW - £426,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SAFFRON CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £504,211. It was last sold for £426,000 in November 2017, which was around 11% below the average November 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 SAFFRON CLOSE Sold Prices

Land registry data shows three sales for 1 SAFFRON 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 SAFFRON 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
2017 28 NOV	£426,000	£480,781	11% below HPI
2010 1 DEC	£331,000	£333,958	1% below HPI
2000 3 MAY	£169,950	£179,684	5% below HPI

1 SAFFRON 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 SAFFRON CLOSE sales between May 2000 and November 2017 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 SAFFRON CLOSE be worth now?

1 SAFFRON CLOSE might now be worth an estimated £504,211.

This is based on house price inflation of 18.4%, between November 2017 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 1 SAFFRON CLOSE of £426,000 on 28th November 2017. For the value to have increased from £426,000 to £504,211 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 SAFFRON CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2017 sale price of £426,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SAFFRON CLOSE has not materially changed since November 2017.

How Large is 1 SAFFRON CLOSE?

1 SAFFRON CLOSE is 119m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 1 SAFFRON CLOSE lies on this distribution: 53% of detached houses houses are smaller than 1 SAFFRON CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bicester.

1 SAFFRON CLOSE: Plot and Title Map

1 SAFFRON CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 1 SAFFRON 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 SAFFRON 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 SAFFRON CLOSE?

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