24, OLD SCHOOL CLOSE, CAVERSFIELD, BICESTER, OX27 8TW - £415,000

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 OLD SCHOOL CLOSE is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £415,000 in June 2021, which was around 17% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

24 OLD SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 24 OLD SCHOOL CLOSE 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 24 OLD SCHOOL 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
2021 18 JUN	£415,000	£501,795	17% below HPI
2014 7 JUL	£344,995	£396,930	13% below HPI
2000 11 DEC	£157,500	£194,124	19% below HPI

24 OLD SCHOOL 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 three 24 OLD SCHOOL CLOSE sales between December 2000 and June 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 July 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 24 OLD SCHOOL CLOSE?

24 OLD SCHOOL CLOSE is 93m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 OLD SCHOOL CLOSE lies on this distribution: 24% of detached houses are smaller than 24 OLD SCHOOL CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bicester.

24 OLD SCHOOL CLOSE: Plot and Title Map

24 OLD SCHOOL CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 24 OLD SCHOOL 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 24 OLD SCHOOL 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 24 OLD SCHOOL CLOSE?

24 OLD SCHOOL CLOSE is located in CAVERSFIELD, in the OX27 postcode district. The below map shows the position of No. 24 on OLD SCHOOL CLOSE.