14, STERLING CLOSE, BICESTER, OX26 4XW - £325,000

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

14 STERLING CLOSE is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £325,000 in February 2020, which was around 32% below the average February 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

14 STERLING CLOSE Sold Prices

Land registry data shows three sales for 14 STERLING 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 STERLING 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 28 FEB	£325,000	£475,059	32% below HPI
2003 3 OCT	£182,000	£273,986	34% below HPI
2001 27 APR	£119,000	£200,565	41% below HPI

14 STERLING 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 STERLING CLOSE sales between April 2001 and February 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 October 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 14 STERLING CLOSE?

14 STERLING CLOSE is 94m², which includes two extensions, according to the EPC inspection conducted in May 2019. 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 14 STERLING CLOSE lies on this distribution: 25% of detached houses are smaller than 14 STERLING CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bicester.

14 STERLING CLOSE: Plot and Title Map

14 STERLING CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 14 STERLING 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 STERLING 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 STERLING CLOSE?

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