18, LODGE CLOSE, BICESTER, OX26 3TE - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 LODGE CLOSE is a small detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £518,588. It was last sold for £330,000 in September 2013, which was around 9% below the average September 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

18 LODGE CLOSE Sold Prices

Land registry data shows four sales for 18 LODGE 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. Most of the four 18 LODGE 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
2013 10 SEP	£330,000	£362,111	9% below HPI
2002 10 MAY	£210,000	£226,221	7% below HPI
2001 6 JUN	£195,000	£204,720	5% below HPI
1996 28 MAR	£103,000	£100,428	3% above HPI

18 LODGE 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 18 LODGE CLOSE sales between March 1996 and September 2013 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 May 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 18 LODGE CLOSE be worth now?

18 LODGE CLOSE might now be worth an estimated £518,588.

This is based on house price inflation of 57.1%, between September 2013 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.1% inflationary increase is applied to the most recent sale price for 18 LODGE CLOSE of £330,000 on 10th September 2013. For the value to have increased from £330,000 to £518,588 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 LODGE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The September 2013 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LODGE CLOSE has not materially changed since September 2013.

How Large is 18 LODGE CLOSE?

18 LODGE CLOSE is 108m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 18 LODGE CLOSE lies on this distribution: 39% of detached houses houses are smaller than 18 LODGE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bicester.

18 LODGE CLOSE: Plot and Title Map

18 LODGE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 18 LODGE 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 18 LODGE 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 18 LODGE CLOSE?

18 LODGE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 18 on LODGE CLOSE.