24, SOMERVILLE DRIVE, BICESTER, OX26 4TU - £318,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 SOMERVILLE DRIVE is a midsized extended detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £574,831. It was last sold for £318,000 in July 2006, which was around 1% above the average July 2006 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

24 SOMERVILLE DRIVE Sold Prices

Land registry data shows two sales for 24 SOMERVILLE DRIVE since 1^st 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. One of the two 24 SOMERVILLE DRIVE sales was for above the average price, whilst the other was 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
2006 14 JUL	£318,000	£314,802	1% above HPI
2001 26 FEB	£175,000	£191,376	9% below HPI

24 SOMERVILLE DRIVE 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 two 24 SOMERVILLE DRIVE sales from February 2001 and July 2006 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 February 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2006 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 24 SOMERVILLE DRIVE be worth now?

24 SOMERVILLE DRIVE might now be worth an estimated £574,831.

This is based on house price inflation of 80.8%, between July 2006 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.8% inflationary increase is applied to the most recent sale price for 24 SOMERVILLE DRIVE of £318,000 on 14th July 2006. For the value to have increased from £318,000 to £574,831 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 24 SOMERVILLE DRIVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The July 2006 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SOMERVILLE DRIVE has not materially changed since July 2006.

How Large is 24 SOMERVILLE DRIVE?

24 SOMERVILLE DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 24 SOMERVILLE DRIVE lies on this distribution: 47% of detached houses houses are smaller than 24 SOMERVILLE DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bicester.

24 SOMERVILLE DRIVE: Plot and Title Map

24 SOMERVILLE DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 24 SOMERVILLE DRIVE, 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 SOMERVILLE DRIVE). 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 SOMERVILLE DRIVE?

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