16, VERVAIN CLOSE, BICESTER, OX26 3SR - £188,500

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 VERVAIN CLOSE is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £188,500 in March 2004, which was around 33% below the average March 2004 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

16 VERVAIN CLOSE Sold Prices

Land registry data shows two sales for 16 VERVAIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 16 VERVAIN 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
2004 26 MAR	£188,500	£279,874	33% below HPI
2001 30 NOV	£144,995	£215,284	33% below HPI

16 VERVAIN 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 two 16 VERVAIN CLOSE sales from November 2001 and March 2004 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 November 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2004 sale, which was also at 33% below the HPI.

How Large is 16 VERVAIN CLOSE?

16 VERVAIN CLOSE is 79m² according to the EPC inspection conducted in April 2024. 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 VERVAIN CLOSE lies on this distribution: 9% of detached houses are smaller than 16 VERVAIN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bicester.

16 VERVAIN CLOSE: Plot and Title Map

16 VERVAIN CLOSE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 16 VERVAIN 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 VERVAIN 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 VERVAIN CLOSE?

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