18, THE VILLAGE CLOSE, UPPER ARNCOTT, BICESTER, OX25 1QU - £405,000

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 THE VILLAGE CLOSE is a midsized extended detached house of 131m², built sometime from 2012 onwards, which could now be worth an estimated £470,513. It was last sold for £405,000 in December 2020, which was around 17% below the average December 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

18 THE VILLAGE CLOSE Sold Prices

Land registry data shows two sales for 18 THE VILLAGE 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 18 THE VILLAGE 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
2020 11 DEC	£405,000	£489,817	17% below HPI
2013 26 NOV	£335,000	£371,798	10% below HPI

18 THE VILLAGE 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 18 THE VILLAGE CLOSE sales from November 2013 and December 2020 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 18 THE VILLAGE CLOSE be worth now?

18 THE VILLAGE CLOSE might now be worth an estimated £470,513.

This is based on house price inflation of 16.2%, between December 2020 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 16.2% inflationary increase is applied to the most recent sale price for 18 THE VILLAGE CLOSE of £405,000 on 11th December 2020. For the value to have increased from £405,000 to £470,513 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 THE VILLAGE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2020 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE VILLAGE CLOSE has not materially changed since December 2020.

How Large is 18 THE VILLAGE CLOSE?

18 THE VILLAGE CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 40% of detached houses houses in Upper Arncott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Arncott, and where 18 THE VILLAGE CLOSE lies on this distribution: 53% of detached houses houses are smaller than 18 THE VILLAGE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Upper Arncott.

18 THE VILLAGE CLOSE: Plot and Title Map

18 THE VILLAGE CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 18 THE VILLAGE 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 THE VILLAGE 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 THE VILLAGE CLOSE?

18 THE VILLAGE CLOSE is located in UPPER ARNCOTT, in the OX25 postcode district. The below map shows the position of No. 18 on THE VILLAGE CLOSE.