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 MULLEIN ROAD is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £370,000 in October 2014, which was around 11% below the average October 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 2 MULLEIN ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 2 MULLEIN 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 |
---|---|---|---|
2014 10 OCT | £370,000 | £414,316 | 11% below HPI |
2013 28 AUG | £335,000 | £362,890 | 8% below HPI |
2007 23 NOV | £310,000 | £363,840 | 15% below HPI |
2002 10 MAY | £220,000 | £229,556 | 4% below HPI |
1999 29 NOV | £159,995 | £167,836 | 5% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The five 2 MULLEIN ROAD sales between November 1999 and October 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 August 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
2 MULLEIN ROAD is 113m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 MULLEIN ROAD lies on this distribution: 46% of detached houses are smaller than 2 MULLEIN ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Bicester.
2 MULLEIN ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 2 MULLEIN 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 MULLEIN 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.
2 MULLEIN ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 2 on MULLEIN ROAD.