2, LILY CLOSE, BICESTER, OX26 3EJ - £487,000

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 LILY CLOSE is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £487,000 in December 2021, which was around 6% below the average December 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 LILY CLOSE Sold Prices

Land registry data shows three sales for 2 LILY 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. The three 2 LILY CLOSE sales were a mix of below the average price, and roughly equal to 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
2021 14 DEC	£487,000	£518,248	6% below HPI
2002 22 NOV	£242,000	£258,934	7% below HPI
1999 5 OCT	£165,950	£165,895	Close to HPI

2 LILY 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 LILY CLOSE sales between October 1999 and December 2021 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 LILY CLOSE?

2 LILY CLOSE is 116m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% 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 LILY CLOSE lies on this distribution: 50% of detached houses are smaller than 2 LILY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 LILY CLOSE: Plot and Title Map

2 LILY CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 LILY 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 LILY 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 LILY CLOSE?

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