12, FALCON MEAD, BICESTER, OX26 6YU - £341,500

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

12 FALCON MEAD is a small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £341,500 in September 2015, which was around 23% below the average September 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

12 FALCON MEAD Sold Prices

Land registry data shows two sales for 12 FALCON MEAD 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 FALCON MEAD 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
2015 10 SEP	£341,500	£444,659	23% below HPI
1998 22 MAY	£120,000	£134,040	10% below HPI

12 FALCON MEAD 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 FALCON MEAD sales from May 1998 and September 2015 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 May 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 FALCON MEAD?

12 FALCON MEAD is 103m² according to the EPC inspection conducted in November 2014. 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 12 FALCON MEAD lies on this distribution: 34% of detached houses are smaller than 12 FALCON MEAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Bicester.

12 FALCON MEAD: Plot and Title Map

12 FALCON MEAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 12 FALCON MEAD, 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 FALCON MEAD). 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 FALCON MEAD?

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