111, SPRUCE DRIVE, BICESTER, OX26 3YF - £265,000

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

111 SPRUCE DRIVE is a midsized extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £265,000 in February 2014, which was around 30% below the average February 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

111 SPRUCE DRIVE Sold Prices

Land registry data shows two sales for 111 SPRUCE DRIVE 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 111 SPRUCE DRIVE 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 18 FEB	£265,000	£380,727	30% below HPI
1999 30 JUN	£101,000	£151,813	33% below HPI

111 SPRUCE DRIVE 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 111 SPRUCE DRIVE sales from June 1999 and February 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 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 111 SPRUCE DRIVE?

111 SPRUCE DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 111 SPRUCE DRIVE lies on this distribution: 43% of detached houses are smaller than 111 SPRUCE DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bicester.

111 SPRUCE DRIVE: Plot and Title Map

111 SPRUCE DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 111 SPRUCE DRIVE, 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 111 SPRUCE DRIVE). 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 111 SPRUCE DRIVE?

111 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 111 on SPRUCE DRIVE.