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

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

15 FALCON MEAD is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £310,000 in October 2018, which was around 37% 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	£489,733	37% below HPI
2010 21 MAY	£201,000	£345,737	42% below HPI
2001 5 OCT	£139,950	£209,573	33% below HPI
1998 16 OCT	£91,500	£144,938	37% below HPI
1995 24 NOV	£66,950	£97,408	31% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 15 FALCON MEAD lies on this distribution: 4% of detached 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.