2, CHAUCER CLOSE, BICESTER, OX26 2XP - £307,000

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

2 CHAUCER CLOSE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £307,000 in August 2014, which was around 24% below the average August 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

2 CHAUCER CLOSE Sold Prices

Land registry data shows three sales for 2 CHAUCER CLOSE 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 2 CHAUCER 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
2014 8 AUG	£307,000	£404,064	24% below HPI
2011 18 NOV	£245,000	£333,597	27% below HPI
2004 14 JUL	£230,000	£290,761	21% below HPI

2 CHAUCER 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 three 2 CHAUCER CLOSE sales between July 2004 and August 2014 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 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 CHAUCER CLOSE?

2 CHAUCER CLOSE is 90m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 2 CHAUCER CLOSE lies on this distribution: 22% of detached houses are smaller than 2 CHAUCER CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 CHAUCER CLOSE: Plot and Title Map

2 CHAUCER CLOSE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 2 CHAUCER 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 2 CHAUCER 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 2 CHAUCER CLOSE?

2 CHAUCER CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 2 on CHAUCER CLOSE.