14, LODGE CLOSE, BICESTER, OX26 3TE - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 LODGE CLOSE is a small extended detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £406,616. It was last sold for £350,000 in December 2020, which was around 29% below the average December 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

14 LODGE CLOSE Sold Prices

Land registry data shows three sales for 14 LODGE 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 14 LODGE 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
2020 10 DEC	£350,000	£489,817	29% below HPI
2002 31 JAN	£154,950	£214,408	28% below HPI
1995 22 DEC	£78,950	£96,395	18% below HPI

14 LODGE 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 14 LODGE CLOSE sales between December 1995 and December 2020 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 January 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 14 LODGE CLOSE be worth now?

14 LODGE CLOSE might now be worth an estimated £406,616.

This is based on house price inflation of 16.2%, between December 2020 and February 2025, for 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 16.2% inflationary increase is applied to the most recent sale price for 14 LODGE CLOSE of £350,000 on 10th December 2020. For the value to have increased from £350,000 to £406,616 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 LODGE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LODGE CLOSE has not materially changed since December 2020.

How Large is 14 LODGE CLOSE?

14 LODGE CLOSE is 95m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 14 LODGE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 14 LODGE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bicester.

14 LODGE CLOSE: Plot and Title Map

14 LODGE CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 14 LODGE 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 14 LODGE 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 14 LODGE CLOSE?

14 LODGE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 14 on LODGE CLOSE.