22, ELDERFIELD ROAD, BICESTER, OX27 8UD - £310,000

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

22 ELDERFIELD ROAD is a very small semi-detached house of 83m², built sometime between 1967 and 1975. It was last sold for £310,000 in February 2021, which was around 37% below the average February 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

22 ELDERFIELD ROAD Sold Prices

Land registry data shows five sales for 22 ELDERFIELD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 22 ELDERFIELD ROAD 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
2021 8 FEB	£310,000	£491,489	37% below HPI
2015 27 NOV	£282,000	£452,208	38% below HPI
2004 20 OCT	£170,000	£307,792	45% below HPI
2000 28 NOV	£95,000	£191,815	50% below HPI
1997 12 DEC	£64,950	£129,295	50% below HPI

22 ELDERFIELD ROAD 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 five 22 ELDERFIELD ROAD sales between December 1997 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 November 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 22 ELDERFIELD ROAD?

22 ELDERFIELD ROAD is 83m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 22 ELDERFIELD ROAD lies on this distribution: 14% of detached houses are smaller than 22 ELDERFIELD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Bicester.

22 ELDERFIELD ROAD: Plot and Title Map

22 ELDERFIELD ROAD sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 22 ELDERFIELD ROAD, 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 22 ELDERFIELD ROAD). 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 22 ELDERFIELD ROAD?

22 ELDERFIELD ROAD is located in BICESTER, in the OX27 postcode district. The below map shows the position of No. 22 on ELDERFIELD ROAD.