Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 ORPINE CLOSE is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £280,000 in October 2013, which was around 25% below the average October 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 ORPINE CLOSE since 1st 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 ORPINE 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 |
---|---|---|---|
2013 4 OCT | £280,000 | £371,727 | 25% below HPI |
2005 15 JUL | £232,500 | £302,443 | 23% below HPI |
2004 28 MAY | £224,000 | £286,978 | 22% below HPI |
2000 20 OCT | £149,950 | £197,322 | 24% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 2 ORPINE CLOSE sales between October 2000 and October 2013 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 July 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
2 ORPINE CLOSE is 90m² according to the EPC inspection conducted in August 2023. 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 ORPINE CLOSE lies on this distribution: 21% of detached houses are smaller than 2 ORPINE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bicester.
2 ORPINE CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 ORPINE 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 ORPINE 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.
2 ORPINE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 2 on ORPINE CLOSE.