12, LILY CLOSE, BICESTER, OX26 3EJ - £417,000

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

12 LILY CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £417,000 in August 2024, which was around 31% below the average August 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

12 LILY CLOSE Sold Prices

Land registry data shows three sales for 12 LILY 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. All of the three 12 LILY 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
2024 23 AUG	£417,000	£600,405	31% below HPI
2006 10 NOV	£245,000	£330,805	26% below HPI
1999 27 AUG	£126,500	£157,659	20% below HPI

12 LILY 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 12 LILY CLOSE sales between August 1999 and August 2024 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 LILY CLOSE?

12 LILY CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in September 2023. 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 LILY CLOSE lies on this distribution: 23% of detached houses are smaller than 12 LILY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bicester.

12 LILY CLOSE: Plot and Title Map

12 LILY CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 12 LILY 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 12 LILY 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 12 LILY CLOSE?

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