16, MARTIN CLOSE, BICESTER, OX26 6XA - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MARTIN CLOSE is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £285,000 in November 2011, which was around 15% below the average November 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

16 MARTIN CLOSE Sold Prices

Land registry data shows four sales for 16 MARTIN 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 16 MARTIN 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
2011 4 NOV	£285,000	£333,597	15% below HPI
2009 22 JUL	£250,000	£308,359	19% below HPI
1999 26 AUG	£125,000	£157,659	21% below HPI
1995 3 NOV	£88,995	£97,408	9% below HPI

16 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 four 16 MARTIN CLOSE sales between November 1995 and November 2011 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 MARTIN CLOSE?

16 MARTIN CLOSE is 101m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% 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 MARTIN CLOSE lies on this distribution: 33% of detached houses are smaller than 16 MARTIN CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bicester.

16 MARTIN CLOSE: Plot and Title Map

16 MARTIN CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 16 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 16 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 16 MARTIN CLOSE?

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