25, MARTIN CLOSE, BICESTER, OX26 6XA - £400,000

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

25 MARTIN CLOSE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £400,000 in December 2016, which was around 15% below the average December 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

25 MARTIN CLOSE Sold Prices

Land registry data shows two sales for 25 MARTIN CLOSE 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. Both of the two 25 MARTIN 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
2016 9 DEC	£400,000	£470,001	15% below HPI
1995 19 OCT	£88,995	£99,096	10% below HPI

25 MARTIN 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 two 25 MARTIN CLOSE sales from October 1995 and December 2016 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 October 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 25 MARTIN CLOSE?

25 MARTIN CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 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 25 MARTIN CLOSE lies on this distribution: 50% of detached houses are smaller than 25 MARTIN CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bicester.

25 MARTIN CLOSE: Plot and Title Map

25 MARTIN CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 25 MARTIN 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 25 MARTIN 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 25 MARTIN CLOSE?

25 MARTIN CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 25 on MARTIN CLOSE.