10, SEVERN CLOSE, BICESTER, OX26 2NN - £310,500

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 SEVERN CLOSE is a large extended detached house of 129m², built sometime between 1976 and 1982, which could now be worth an estimated £455,283. It was last sold for £310,500 in June 2014, which was around 20% below the average June 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

10 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 10 SEVERN 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 10 SEVERN 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
2014 13 JUN	£310,500	£388,088	20% below HPI
2003 26 JUN	£195,000	£273,637	29% below HPI

10 SEVERN 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 10 SEVERN CLOSE sales from June 2003 and June 2014 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 June 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 10 SEVERN CLOSE be worth now?

10 SEVERN CLOSE might now be worth an estimated £455,283.

This is based on house price inflation of 46.6%, between June 2014 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 46.6% inflationary increase is applied to the most recent sale price for 10 SEVERN CLOSE of £310,500 on 13th June 2014. For the value to have increased from £310,500 to £455,283 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 10 SEVERN CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2014 sale price of £310,500 represented a fair market value for the property.
• The size, condition, and specification of 10 SEVERN CLOSE has not materially changed since June 2014.

How Large is 10 SEVERN CLOSE?

10 SEVERN CLOSE is 129m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 SEVERN CLOSE lies on this distribution: 65% of detached houses houses are smaller than 10 SEVERN CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bicester.

10 SEVERN CLOSE: Plot and Title Map

10 SEVERN CLOSE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 10 SEVERN 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 SEVERN 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 SEVERN CLOSE?

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