15, FALCON MEAD, BICESTER, OX26 6XE - £310,000

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.

15 FALCON MEAD is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £365,517. It was last sold for £310,000 in October 2018, which was around 36% below the average October 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

15 FALCON MEAD Sold Prices

Land registry data shows five sales for 15 FALCON MEAD since 1^st 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 15 FALCON MEAD 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
2018 24 OCT	£310,000	£482,619	36% below HPI
2010 21 MAY	£201,000	£340,715	41% below HPI
2001 5 OCT	£139,950	£206,529	32% below HPI
1998 16 OCT	£91,500	£142,833	36% below HPI
1995 24 NOV	£66,950	£95,993	30% below HPI

15 FALCON MEAD 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 five 15 FALCON MEAD sales between November 1995 and October 2018 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 May 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 15 FALCON MEAD be worth now?

15 FALCON MEAD might now be worth an estimated £365,517.

This is based on house price inflation of 17.9%, between October 2018 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 17.9% inflationary increase is applied to the most recent sale price for 15 FALCON MEAD of £310,000 on 24th October 2018. For the value to have increased from £310,000 to £365,517 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 FALCON MEAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The October 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FALCON MEAD has not materially changed since October 2018.

How Large is 15 FALCON MEAD?

15 FALCON MEAD is 68m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% 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 15 FALCON MEAD lies on this distribution: 4% of detached houses houses are smaller than 15 FALCON MEAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Bicester.

15 FALCON MEAD: Plot and Title Map

15 FALCON MEAD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 15 FALCON MEAD, 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 15 FALCON MEAD). 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 15 FALCON MEAD?

15 FALCON MEAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 15 on FALCON MEAD.