18, OXLIP LEYES, BICESTER, OX26 3ED - £501,000

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 OXLIP LEYES is a very large extended detached house of 182m², built sometime between 1996 and 2002, which could now be worth an estimated £696,425. It was last sold for £501,000 in February 2015, which was around 22% above the average February 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

18 OXLIP LEYES Sold Prices

Land registry data shows three sales for 18 OXLIP LEYES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 18 OXLIP LEYES sales were for above 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
2015 12 FEB	£501,000	£409,368	22% above HPI
2006 21 JUL	£390,000	£314,802	24% above HPI
2001 23 NOV	£292,500	£212,156	38% above HPI

18 OXLIP LEYES 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 three 18 OXLIP LEYES sales between November 2001 and February 2015 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 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 18 OXLIP LEYES be worth now?

18 OXLIP LEYES might now be worth an estimated £696,425.

This is based on house price inflation of 39%, between February 2015 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 39% inflationary increase is applied to the most recent sale price for 18 OXLIP LEYES of £501,000 on 12th February 2015. For the value to have increased from £501,000 to £696,425 over the ten years to February 2025, the following assumptions must hold true:

• The value of 18 OXLIP LEYES has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2015 sale price of £501,000 represented a fair market value for the property.
• The size, condition, and specification of 18 OXLIP LEYES has not materially changed since February 2015.

How Large is 18 OXLIP LEYES?

18 OXLIP LEYES is 182m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% 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 OXLIP LEYES lies on this distribution: 95% of detached houses houses are smaller than 18 OXLIP LEYES, and 5% of houses are larger. Note that EPC data is not available for all properties in Bicester.

18 OXLIP LEYES: Plot and Title Map

18 OXLIP LEYES sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 18 OXLIP LEYES, 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 OXLIP LEYES). 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 OXLIP LEYES?

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