10, ORCHID CLOSE, BICESTER, OX26 3WT - £460,000

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.

10 ORCHID CLOSE is a midsized extended detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £571,857. It was last sold for £460,000 in July 2019, which was about the average July 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

10 ORCHID CLOSE Sold Prices

Land registry data shows four sales for 10 ORCHID 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. The four 10 ORCHID CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 31 JUL	£460,000	£457,742	Close to HPI
2012 5 OCT	£342,500	£349,867	2% below HPI
2009 13 JUL	£317,500	£303,880	4% above HPI
2000 27 OCT	£189,995	£194,456	2% below HPI

10 ORCHID 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 10 ORCHID CLOSE sales between October 2000 and July 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 October 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 10 ORCHID CLOSE be worth now?

10 ORCHID CLOSE might now be worth an estimated £571,857.

This is based on house price inflation of 24.3%, between July 2019 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 24.3% inflationary increase is applied to the most recent sale price for 10 ORCHID CLOSE of £460,000 on 31st July 2019. For the value to have increased from £460,000 to £571,857 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 10 ORCHID CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2019 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ORCHID CLOSE has not materially changed since July 2019.

How Large is 10 ORCHID CLOSE?

10 ORCHID CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in June 2019. 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 10 ORCHID CLOSE lies on this distribution: 55% of detached houses houses are smaller than 10 ORCHID CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bicester.

10 ORCHID CLOSE: Plot and Title Map

10 ORCHID CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 10 ORCHID 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 10 ORCHID 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 10 ORCHID CLOSE?

10 ORCHID CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 10 on ORCHID CLOSE.