16, FAIRFORD WAY, BICESTER, OX26 4YG - £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

16 FAIRFORD WAY is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £310,000 in February 2020, which was around 35% below the average February 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

16 FAIRFORD WAY Sold Prices

Land registry data shows five sales for 16 FAIRFORD WAY 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 16 FAIRFORD WAY 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
2020 17 FEB	£310,000	£475,059	35% below HPI
2013 3 OCT	£242,500	£371,727	35% below HPI
2000 30 JUN	£124,000	£187,061	34% below HPI
1998 18 SEP	£93,000	£143,891	35% below HPI
1996 14 JUN	£71,500	£99,385	28% below HPI

16 FAIRFORD WAY 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 16 FAIRFORD WAY sales between June 1996 and February 2020 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 October 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2020 sale, which was also at 35% below the HPI.

How Large is 16 FAIRFORD WAY?

16 FAIRFORD WAY is 79m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 16 FAIRFORD WAY lies on this distribution: 9% of detached houses are smaller than 16 FAIRFORD WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Bicester.

16 FAIRFORD WAY: Plot and Title Map

16 FAIRFORD WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 16 FAIRFORD WAY, 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 16 FAIRFORD WAY). 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 16 FAIRFORD WAY?

16 FAIRFORD WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 16 on FAIRFORD WAY.