15, MARTIN CLOSE, BICESTER, OX26 6XA - £302,500

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 MARTIN CLOSE is a midsized detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £576,266. It was last sold for £302,500 in June 2009, which was around 1% above the average June 2009 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

15 MARTIN CLOSE Sold Prices

Land registry data shows five sales for 15 MARTIN CLOSE 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 MARTIN CLOSE sales were for above 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
2009 26 JUN	£302,500	£298,712	1% above HPI
2006 6 JUL	£320,000	£314,802	2% above HPI
2001 31 AUG	£229,000	£205,621	11% above HPI
2000 24 AUG	£210,000	£198,080	6% above HPI
1995 24 JUL	£119,500	£99,636	20% above HPI

15 MARTIN 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 five 15 MARTIN CLOSE sales between July 1995 and June 2009 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 July 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2009 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 15 MARTIN CLOSE be worth now?

15 MARTIN CLOSE might now be worth an estimated £576,266.

This is based on house price inflation of 90.5%, between June 2009 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 90.5% inflationary increase is applied to the most recent sale price for 15 MARTIN CLOSE of £302,500 on 26th June 2009. For the value to have increased from £302,500 to £576,266 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 15 MARTIN CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2009 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 15 MARTIN CLOSE has not materially changed since June 2009.

How Large is 15 MARTIN CLOSE?

15 MARTIN CLOSE is 120m² according to the EPC inspection conducted in January 2009. This puts it in the largest 50% 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 MARTIN CLOSE lies on this distribution: 53% of detached houses houses are smaller than 15 MARTIN CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bicester.

15 MARTIN CLOSE: Plot and Title Map

15 MARTIN CLOSE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 15 MARTIN 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 15 MARTIN 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 15 MARTIN CLOSE?

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