27, GERMANDER WAY, BICESTER, OX26 3WB - £324,000

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

27 GERMANDER WAY is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £324,000 in May 2018, which was around 33% below the average May 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

27 GERMANDER WAY Sold Prices

Land registry data shows two sales for 27 GERMANDER WAY 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 27 GERMANDER WAY 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
2018 18 MAY	£324,000	£480,577	33% below HPI
1999 19 FEB	£114,950	£147,152	22% below HPI

27 GERMANDER WAY 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 27 GERMANDER WAY sales from February 1999 and May 2018 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 27 GERMANDER WAY?

27 GERMANDER WAY is 85m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 27 GERMANDER WAY lies on this distribution: 16% of detached houses are smaller than 27 GERMANDER WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Bicester.

27 GERMANDER WAY: Plot and Title Map

27 GERMANDER WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 27 GERMANDER WAY, 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 27 GERMANDER WAY). 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 27 GERMANDER WAY?

27 GERMANDER WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 27 on GERMANDER WAY.