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

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

3 FAIR CLOSE is a midsized detached house of 114m², built sometime between 1976 and 1982. It was last sold for £345,000 in May 2019, which was around 25% 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	£457,173	25% below HPI
2000 18 FEB	£132,000	£172,997	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 3 FAIR CLOSE lies on this distribution: 48% of detached houses are smaller than 3 FAIR CLOSE, and 51% 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.