11, LODGE CLOSE, BICESTER, OX26 3TE - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 LODGE CLOSE is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £400,000 in February 2019, which was around 16% below the average February 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

11 LODGE CLOSE Sold Prices

Land registry data shows three sales for 11 LODGE 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. One of the three 11 LODGE CLOSE sales was for below the average price, whilst two 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
2019 27 FEB	£400,000	£477,440	16% below HPI
1997 3 JAN	£108,000	£102,904	5% above HPI
1995 27 OCT	£104,950	£99,096	6% above HPI

11 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 three 11 LODGE CLOSE sales between October 1995 and February 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 January 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 11 LODGE CLOSE?

11 LODGE CLOSE is 106m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 11 LODGE CLOSE lies on this distribution: 37% of detached houses are smaller than 11 LODGE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bicester.

11 LODGE CLOSE: Plot and Title Map

11 LODGE CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 11 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 11 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 11 LODGE CLOSE?

11 LODGE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 11 on LODGE CLOSE.