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 SPEEDWELL CROFT is a large extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £430,000 in November 2022, which was around 25% below the average November 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 SPEEDWELL CROFT 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 SPEEDWELL CROFT 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 |
---|---|---|---|
2022 7 NOV | £430,000 | £573,735 | 25% below HPI |
2008 5 SEP | £250,000 | £320,903 | 22% below HPI |
2002 8 OCT | £190,000 | £253,601 | 25% below HPI |
1999 26 NOV | £128,995 | £167,836 | 23% 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 SPEEDWELL CROFT sales between November 1999 and November 2022 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 September 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
2 SPEEDWELL CROFT is 142m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 SPEEDWELL CROFT lies on this distribution: 75% of detached houses are smaller than 2 SPEEDWELL CROFT, and 24% of houses are larger. Note that EPC data is not available for all properties in Bicester.
2 SPEEDWELL CROFT sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 SPEEDWELL CROFT, 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 SPEEDWELL CROFT). 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 SPEEDWELL CROFT is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 2 on SPEEDWELL CROFT.