15, SAFFRON CLOSE, BICESTER, OX26 3ZW - £420,000

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 SAFFRON CLOSE is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £420,000 in January 2019, which was around 12% below the average January 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

15 SAFFRON CLOSE Sold Prices

Land registry data shows four sales for 15 SAFFRON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 15 SAFFRON 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
2019 18 JAN	£420,000	£475,992	12% below HPI
2013 18 JUL	£340,000	£360,834	6% below HPI
2003 21 NOV	£250,000	£273,949	9% below HPI
2000 11 MAY	£175,950	£182,332	4% below HPI

15 SAFFRON 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 four 15 SAFFRON CLOSE sales between May 2000 and January 2019 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 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 15 SAFFRON CLOSE?

15 SAFFRON CLOSE is 111m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% 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 SAFFRON CLOSE lies on this distribution: 43% of detached houses are smaller than 15 SAFFRON CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bicester.

15 SAFFRON CLOSE: Plot and Title Map

15 SAFFRON CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 15 SAFFRON 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 SAFFRON 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 SAFFRON CLOSE?

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