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
139 SPRUCE DRIVE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £340,000 in July 2019, which was around 27% below the average July 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 139 SPRUCE DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 139 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 |
---|---|---|---|
2019 2 JUL | £340,000 | £464,489 | 27% below HPI |
2013 27 JUN | £275,000 | £359,586 | 24% below HPI |
2004 25 NOV | £220,000 | £306,530 | 28% below HPI |
2001 28 SEP | £154,500 | £210,270 | 27% below HPI |
1999 26 FEB | £101,000 | £147,152 | 31% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The five 139 SPRUCE DRIVE sales between February 1999 and July 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 June 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
139 SPRUCE DRIVE is 84m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 139 SPRUCE DRIVE lies on this distribution: 14% of detached houses are smaller than 139 SPRUCE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bicester.
139 SPRUCE DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 139 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 139 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.
139 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 139 on SPRUCE DRIVE.