2, DERWENT ROAD, BICESTER, OX26 2JA - £336,000

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 DERWENT ROAD is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £336,000 in August 2016, which was around 29% below the average August 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

2 DERWENT ROAD Sold Prices

Land registry data shows four sales for 2 DERWENT ROAD 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. All of the four 2 DERWENT ROAD 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
2016 3 AUG	£336,000	£475,808	29% below HPI
2011 4 MAR	£247,500	£341,988	28% below HPI
2008 14 MAR	£240,000	£344,637	30% below HPI
2002 8 NOV	£184,000	£258,934	29% below HPI

2 DERWENT ROAD 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 2 DERWENT ROAD sales between November 2002 and August 2016 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 March 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 DERWENT ROAD?

2 DERWENT ROAD is 88m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 DERWENT ROAD lies on this distribution: 19% of detached houses are smaller than 2 DERWENT ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 DERWENT ROAD: Plot and Title Map

2 DERWENT ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 DERWENT ROAD, 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 DERWENT ROAD). 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 DERWENT ROAD?

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