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
22 REEDMACE ROAD is a very large extended detached house of 216m², built sometime between 1996 and 2002. It was last sold for £650,000 in December 2023, which was around 19% above the average December 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 22 REEDMACE ROAD since 1st 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. Both of the two 22 REEDMACE ROAD sales were 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 |
---|---|---|---|
2023 20 DEC | £650,000 | £546,346 | 19% above HPI |
1999 20 SEP | £244,995 | £163,028 | 50% above HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 22 REEDMACE ROAD sales from September 1999 and December 2023 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 1999 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
22 REEDMACE ROAD is 216m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% 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 REEDMACE ROAD lies on this distribution: 99% of detached houses are smaller than 22 REEDMACE ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Bicester.
22 REEDMACE ROAD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 22 REEDMACE 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 REEDMACE 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.
22 REEDMACE ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 22 on REEDMACE ROAD.