15, HERON DRIVE, BICESTER, OX26 6YJ - £350,000

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 HERON DRIVE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £350,000 in January 2016, which was around 23% below the average January 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

15 HERON DRIVE Sold Prices

Land registry data shows three sales for 15 HERON DRIVE 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 15 HERON 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
2016 27 JAN	£350,000	£456,735	23% below HPI
2001 28 SEP	£155,000	£210,270	26% below HPI
1999 12 FEB	£111,950	£147,152	24% below HPI

15 HERON DRIVE 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 15 HERON DRIVE sales between February 1999 and January 2016 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 September 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 15 HERON DRIVE?

15 HERON DRIVE is 80m² according to the EPC inspection conducted in August 2015. 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 15 HERON DRIVE lies on this distribution: 10% of detached houses are smaller than 15 HERON DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicester.

15 HERON DRIVE: Plot and Title Map

15 HERON DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 15 HERON 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 15 HERON 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.

Where is 15 HERON DRIVE?

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