127, SPRUCE DRIVE, BICESTER, OX26 3YF - £43,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

127 SPRUCE DRIVE is a very small semi-detached house of 40m², built sometime between 1991 and 1995, which could now be worth an estimated £197,878. It was last sold for £43,000 in March 1998, which was around 43% below the average March 1998 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

127 SPRUCE DRIVE Sold Prices

Land registry data shows two sales for 127 SPRUCE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 127 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
1998 26 MAR	£43,000	£75,659	43% below HPI
1996 19 APR	£34,000	£59,948	43% below HPI

127 SPRUCE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 127 SPRUCE DRIVE sales from April 1996 and March 1998 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 April 1996 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 1998 sale, which was also at 43% below the HPI.

What might 127 SPRUCE DRIVE be worth now?

127 SPRUCE DRIVE might now be worth an estimated £197,878.

This is based on house price inflation of 360.2%, between March 1998 and February 2025, for semi-detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 360.2% inflationary increase is applied to the most recent sale price for 127 SPRUCE DRIVE of £43,000 on 26th March 1998. For the value to have increased from £43,000 to £197,878 over the 27 years and one month to February 2025, the following assumptions must hold true:

• The value of 127 SPRUCE DRIVE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The March 1998 sale price of £43,000 represented a fair market value for the property.
• The size, condition, and specification of 127 SPRUCE DRIVE has not materially changed since March 1998.

How Large is 127 SPRUCE DRIVE?

127 SPRUCE DRIVE is 40m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of semi-detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicester, and where 127 SPRUCE DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 127 SPRUCE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

127 SPRUCE DRIVE: Plot and Title Map

127 SPRUCE DRIVE sits on a plot of roughly 0.012 of an acre, or 47m². The below map shows the location of 127 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 127 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 127 SPRUCE DRIVE?

127 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 127 on SPRUCE DRIVE.