12, OLD SCHOOL CLOSE, CAVERSFIELD, BICESTER, OX27 8TW - £320,000

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 OLD SCHOOL CLOSE is a small detached house of 107m², built sometime between 1991 and 1995. It was last sold for £320,000 in July 2010, which was around 8% below the average July 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

12 OLD SCHOOL CLOSE Sold Prices

Land registry data shows four sales for 12 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 12 OLD SCHOOL 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
2010 23 JUL	£320,000	£346,896	8% below HPI
2008 5 DEC	£270,000	£315,786	14% below HPI
1999 12 AUG	£142,000	£157,659	10% below HPI
1996 14 NOV	£102,500	£103,442	1% below HPI

12 OLD SCHOOL 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 four 12 OLD SCHOOL CLOSE sales between November 1996 and July 2010 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 December 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2010 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 12 OLD SCHOOL CLOSE?

12 OLD SCHOOL CLOSE is 107m² according to the EPC inspection conducted in September 2009. 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 OLD SCHOOL CLOSE lies on this distribution: 39% of detached houses are smaller than 12 OLD SCHOOL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bicester.

12 OLD SCHOOL CLOSE: Plot and Title Map

12 OLD SCHOOL CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 12 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL CLOSE?

12 OLD SCHOOL CLOSE is located in CAVERSFIELD, in the OX27 postcode district. The below map shows the position of No. 12 on OLD SCHOOL CLOSE.