25, SPRUCE DRIVE, BICESTER, OX26 3YE - £240,000

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

25 SPRUCE DRIVE is a very small semi-detached house of 81m², built sometime between 1991 and 1995. It was last sold for £240,000 in June 2012, which was around 29% below the average June 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

25 SPRUCE DRIVE Sold Prices

Land registry data shows three sales for 25 SPRUCE DRIVE 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 25 SPRUCE DRIVE 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
2012 15 JUN	£240,000	£338,838	29% below HPI
1998 11 DEC	£106,000	£145,413	27% below HPI
1996 15 NOV	£86,000	£103,442	17% below HPI

25 SPRUCE 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 three 25 SPRUCE DRIVE sales between November 1996 and June 2012 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 December 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 25 SPRUCE DRIVE?

25 SPRUCE DRIVE is 81m² according to the EPC inspection conducted in January 2012. 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 25 SPRUCE DRIVE lies on this distribution: 11% of detached houses are smaller than 25 SPRUCE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicester.

25 SPRUCE DRIVE: Plot and Title Map

25 SPRUCE DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 25 SPRUCE 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 25 SPRUCE 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 25 SPRUCE DRIVE?

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