2, THE WAYFARINGS, BICESTER, OX26 3FX - £420,000

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 THE WAYFARINGS is a very large extended detached house of 164m², built sometime between 1991 and 1995. It was last sold for £420,000 in February 2018, which was around 15% below the average February 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

2 THE WAYFARINGS Sold Prices

Land registry data shows three sales for 2 THE WAYFARINGS 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. All of the three 2 THE WAYFARINGS 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
2018 15 FEB	£420,000	£491,235	15% below HPI
2004 13 AUG	£250,000	£300,343	17% below HPI
2003 11 JUN	£248,000	£277,670	11% below HPI

2 THE WAYFARINGS 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 THE WAYFARINGS sales between June 2003 and February 2018 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 THE WAYFARINGS?

2 THE WAYFARINGS is 164m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 20% 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 THE WAYFARINGS lies on this distribution: 87% of detached houses are smaller than 2 THE WAYFARINGS, and 12% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 THE WAYFARINGS: Plot and Title Map

2 THE WAYFARINGS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 THE WAYFARINGS, 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 THE WAYFARINGS). 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 THE WAYFARINGS?

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