29, REEDMACE ROAD, BICESTER, OX26 3WN - £375,000

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

29 REEDMACE ROAD is a very small extended semi-detached house of 72m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2023, which was around 33% below the average September 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

29 REEDMACE ROAD Sold Prices

Land registry data shows nine sales for 29 REEDMACE ROAD since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the nine 29 REEDMACE ROAD 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 8 SEP	£375,000	£558,928	33% below HPI
2017 10 NOV	£315,000	£487,868	35% below HPI
2015 18 SEP	£285,000	£444,659	36% below HPI
2012 3 AUG	£217,000	£349,654	38% below HPI
2005 4 NOV	£195,000	£304,120	36% below HPI
2003 28 OCT	£183,950	£273,986	33% below HPI
2000 29 MAR	£124,000	£177,729	30% below HPI
1999 29 NOV	£103,000	£167,836	39% below HPI
1999 12 FEB	£94,950	£147,152	35% below HPI

29 REEDMACE ROAD 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 nine 29 REEDMACE ROAD sales between February 1999 and September 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 29 REEDMACE ROAD?

29 REEDMACE ROAD is 72m², which includes one extension, according to the EPC inspection conducted in July 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 REEDMACE ROAD lies on this distribution: 6% of detached houses are smaller than 29 REEDMACE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Bicester.

29 REEDMACE ROAD: Plot and Title Map

29 REEDMACE ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 29 REEDMACE ROAD, 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 REEDMACE ROAD). 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 REEDMACE ROAD?

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