3, CEDAR DRIVE, BICESTER, OX26 4EZ - £373,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CEDAR DRIVE is a very small extended detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £420,161. It was last sold for £373,500 in November 2021, which was around 26% below the average November 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

3 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 3 CEDAR 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 3 CEDAR 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
2021 15 NOV	£373,500	£505,854	26% below HPI
2013 26 JUL	£280,000	£355,592	21% below HPI
1995 17 JAN	£77,300	£91,986	16% below HPI

3 CEDAR 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 3 CEDAR DRIVE sales between January 1995 and November 2021 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 July 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 CEDAR DRIVE be worth now?

3 CEDAR DRIVE might now be worth an estimated £420,161.

This is based on house price inflation of 12.5%, between November 2021 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.5% inflationary increase is applied to the most recent sale price for 3 CEDAR DRIVE of £373,500 on 15th November 2021. For the value to have increased from £373,500 to £420,161 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 CEDAR DRIVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2021 sale price of £373,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CEDAR DRIVE has not materially changed since November 2021.

How Large is 3 CEDAR DRIVE?

3 CEDAR DRIVE is 62m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 3 CEDAR DRIVE lies on this distribution: 2% of detached houses houses are smaller than 3 CEDAR DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bicester.

3 CEDAR DRIVE: Plot and Title Map

3 CEDAR DRIVE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 3 CEDAR 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 3 CEDAR 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 3 CEDAR DRIVE?

3 CEDAR DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 3 on CEDAR DRIVE.