12, CEDAR DRIVE, BICESTER, OX26 4EZ - £355,000

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

12 CEDAR DRIVE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £355,000 in March 2019, which was around 25% below the average March 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

12 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 12 CEDAR 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 12 CEDAR 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
2019 22 MAR	£355,000	£473,030	25% below HPI
1999 19 NOV	£126,950	£167,836	24% below HPI

12 CEDAR 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 12 CEDAR DRIVE sales from November 1999 and March 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 November 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 CEDAR DRIVE?

12 CEDAR DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 12 CEDAR DRIVE lies on this distribution: 21% of detached houses are smaller than 12 CEDAR DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bicester.

12 CEDAR DRIVE: Plot and Title Map

12 CEDAR DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 12 CEDAR 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 12 CEDAR 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 12 CEDAR DRIVE?

12 CEDAR DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 12 on CEDAR DRIVE.