2, WALNUT CLOSE, BICESTER, OX26 3XL - £450,000

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 WALNUT CLOSE is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £450,000 in July 2024, which was around 26% below the average July 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 WALNUT CLOSE Sold Prices

Land registry data shows four sales for 2 WALNUT CLOSE since 1^st 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 WALNUT 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
2024 25 JUL	£450,000	£610,179	26% below HPI
2018 30 APR	£382,500	£494,578	23% below HPI
1997 17 OCT	£116,000	£129,749	11% below HPI
1996 29 FEB	£80,000	£98,163	19% below HPI

2 WALNUT CLOSE 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 four 2 WALNUT CLOSE sales between February 1996 and July 2024 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 April 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WALNUT CLOSE?

2 WALNUT CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 WALNUT CLOSE lies on this distribution: 52% of detached houses are smaller than 2 WALNUT CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 WALNUT CLOSE: Plot and Title Map

2 WALNUT CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 WALNUT 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 WALNUT 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.

Where is 2 WALNUT CLOSE?

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