3, PRICE CLOSE, BICESTER, OX26 4JH - £320,000

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 PRICE CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £320,000 in November 2016, which was around 32% below the average November 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

3 PRICE CLOSE Sold Prices

Land registry data shows four sales for 3 PRICE CLOSE 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 PRICE 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
2016 15 NOV	£320,000	£470,663	32% below HPI
2014 30 MAY	£260,000	£389,154	33% below HPI
2007 19 JAN	£230,000	£333,400	31% below HPI
1999 30 APR	£105,000	£145,868	28% below HPI

3 PRICE 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 four 3 PRICE CLOSE sales between April 1999 and November 2016 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 May 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 PRICE CLOSE?

3 PRICE CLOSE is 75m² according to the EPC inspection conducted in October 2010. 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 3 PRICE CLOSE lies on this distribution: 7% of detached houses are smaller than 3 PRICE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bicester.

3 PRICE CLOSE: Plot and Title Map

3 PRICE CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 3 PRICE 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 PRICE 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 PRICE CLOSE?

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