3, OXLIP LEYES, BICESTER, OX26 3ED - £500,000

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 OXLIP LEYES is a small extended detached house of 99m², built sometime between 2003 and 2006. It was last sold for £500,000 in December 2022, which was around 13% below the average December 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 OXLIP LEYES Sold Prices

Land registry data shows four sales for 3 OXLIP LEYES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 3 OXLIP LEYES 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
2022 9 DEC	£500,000	£572,401	13% below HPI
2018 9 OCT	£420,000	£489,733	14% below HPI
2009 5 JAN	£240,000	£303,587	21% below HPI
2001 30 APR	£179,950	£200,565	10% below HPI

3 OXLIP LEYES 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 four 3 OXLIP LEYES sales between April 2001 and December 2022 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 October 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 OXLIP LEYES?

3 OXLIP LEYES is 99m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 OXLIP LEYES lies on this distribution: 30% of detached houses are smaller than 3 OXLIP LEYES, and 70% of houses are larger. Note that EPC data is not available for all properties in Bicester.

3 OXLIP LEYES: Plot and Title Map

3 OXLIP LEYES sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 OXLIP LEYES, 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 OXLIP LEYES). 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 OXLIP LEYES?

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