29, MARTIN CLOSE, BICESTER, OX26 6XA - £420,000

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

29 MARTIN CLOSE is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £420,000 in December 2023, which was around 23% below the average December 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

29 MARTIN CLOSE Sold Prices

Land registry data shows two sales for 29 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 29 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
2023 18 DEC	£420,000	£546,346	23% below HPI
1995 20 NOV	£85,995	£97,408	12% below HPI

29 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 29 MARTIN CLOSE sales from November 1995 and December 2023 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 November 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 29 MARTIN CLOSE?

29 MARTIN CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 29 MARTIN CLOSE lies on this distribution: 8% of detached houses are smaller than 29 MARTIN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bicester.

29 MARTIN CLOSE: Plot and Title Map

29 MARTIN CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 29 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 29 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 29 MARTIN CLOSE?

29 MARTIN CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 29 on MARTIN CLOSE.