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

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 SOMERVILLE DRIVE is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £318,000 in July 2006, which was about 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 roughly equal to 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	£319,443	Close to HPI
2001 26 FEB	£175,000	£194,197	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2006 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

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 in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 24 SOMERVILLE DRIVE lies on this distribution: 48% of detached houses are smaller than 24 SOMERVILLE DRIVE, and 51% 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.