2, SHEARWATER DRIVE, BICESTER, OX26 6YS - £440,000

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 SHEARWATER DRIVE is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £440,000 in February 2021, which was around 10% below the average February 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

2 SHEARWATER DRIVE Sold Prices

Land registry data shows two sales for 2 SHEARWATER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. One of the two 2 SHEARWATER DRIVE sales was for below the average price, whilst the other was for above 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 12 FEB	£440,000	£491,489	10% below HPI
1995 6 MAR	£115,000	£94,954	21% above HPI

2 SHEARWATER DRIVE 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 two 2 SHEARWATER DRIVE sales from March 1995 and February 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 March 1995 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 SHEARWATER DRIVE?

2 SHEARWATER DRIVE is 116m² according to the EPC inspection conducted in November 2020. 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 SHEARWATER DRIVE lies on this distribution: 50% of detached houses are smaller than 2 SHEARWATER DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 SHEARWATER DRIVE: Plot and Title Map

2 SHEARWATER DRIVE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 2 SHEARWATER DRIVE, 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 SHEARWATER DRIVE). 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 SHEARWATER DRIVE?

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