3, FAIR CLOSE, BICESTER, OX26 4YW - £345,000

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 FAIR CLOSE is a midsized detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £435,757. It was last sold for £345,000 in May 2019, which was around 23% below the average May 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

3 FAIR CLOSE Sold Prices

Land registry data shows two sales for 3 FAIR 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 3 FAIR 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
2019 3 MAY	£345,000	£450,532	23% below HPI
2000 18 FEB	£132,000	£170,484	23% below HPI

3 FAIR 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 3 FAIR CLOSE sales from February 2000 and May 2019 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 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2019 sale, which was also at 23% below the HPI.

What might 3 FAIR CLOSE be worth now?

3 FAIR CLOSE might now be worth an estimated £435,757.

This is based on house price inflation of 26.3%, between May 2019 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 26.3% inflationary increase is applied to the most recent sale price for 3 FAIR CLOSE of £345,000 on 3rd May 2019. For the value to have increased from £345,000 to £435,757 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 3 FAIR CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FAIR CLOSE has not materially changed since May 2019.

How Large is 3 FAIR CLOSE?

3 FAIR CLOSE is 114m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% 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 FAIR CLOSE lies on this distribution: 47% of detached houses houses are smaller than 3 FAIR CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bicester.

3 FAIR CLOSE: Plot and Title Map

3 FAIR CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 3 FAIR 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 3 FAIR 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 3 FAIR CLOSE?

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