16, STERLING CLOSE, BICESTER, OX26 4XW - £312,000

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 STERLING CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £312,000 in September 2017, which was around 35% below the average September 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

16 STERLING CLOSE Sold Prices

Land registry data shows four sales for 16 STERLING 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 STERLING 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
2017 1 SEP	£312,000	£481,307	35% below HPI
2001 19 OCT	£132,000	£209,573	37% below HPI
1998 29 MAY	£82,500	£134,040	38% below HPI
1996 16 AUG	£72,000	£107,818	33% below HPI

16 STERLING 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 STERLING CLOSE sales between August 1996 and September 2017 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 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2017 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 16 STERLING CLOSE?

16 STERLING CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in July 2016. 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 16 STERLING CLOSE lies on this distribution: 49% of detached houses are smaller than 16 STERLING CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bicester.

16 STERLING CLOSE: Plot and Title Map

16 STERLING CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 16 STERLING 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 STERLING 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 STERLING CLOSE?

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