24, HEATHER ROAD, BICESTER, OX26 3YU - £365,000

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

24 HEATHER ROAD is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £365,000 in July 2021, which was around 27% below the average July 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

24 HEATHER ROAD Sold Prices

Land registry data shows four sales for 24 HEATHER ROAD 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 24 HEATHER 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 20 JUL	£365,000	£503,279	27% below HPI
2020 23 APR	£335,000	£473,281	29% below HPI
2016 20 MAY	£310,000	£472,569	34% below HPI
1999 26 FEB	£86,000	£147,152	42% below HPI

24 HEATHER 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 four 24 HEATHER ROAD sales between February 1999 and July 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 April 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 24 HEATHER ROAD?

24 HEATHER ROAD is 84m², which includes one extension, according to the EPC inspection conducted in September 2013. 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 24 HEATHER ROAD lies on this distribution: 14% of detached houses are smaller than 24 HEATHER ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Bicester.

24 HEATHER ROAD: Plot and Title Map

24 HEATHER ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 24 HEATHER 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 24 HEATHER 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 24 HEATHER ROAD?

24 HEATHER ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 24 on HEATHER ROAD.