3, WATERCRESS CLOSE, BODICOTE, BANBURY, OX15 4EH - £510,000

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 WATERCRESS CLOSE is a very large detached house of 163m², built sometime between 1996 and 2002. It was last sold for £510,000 in September 2022, which was around 11% below the average September 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 WATERCRESS CLOSE Sold Prices

Land registry data shows three sales for 3 WATERCRESS CLOSE 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. One of the three 3 WATERCRESS CLOSE sales was for below the average price, whilst two were for above 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 30 SEP	£510,000	£572,645	11% below HPI
2003 4 JUL	£365,000	£281,107	30% above HPI
2000 30 JUN	£225,000	£187,061	20% above HPI

3 WATERCRESS 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 three 3 WATERCRESS CLOSE sales between June 2000 and September 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 July 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 WATERCRESS CLOSE?

3 WATERCRESS CLOSE is 163m² according to the EPC inspection conducted in January 2022. This puts it in the largest 20% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where 3 WATERCRESS CLOSE lies on this distribution: 88% of detached houses are smaller than 3 WATERCRESS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

3 WATERCRESS CLOSE: Plot and Title Map

3 WATERCRESS CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 3 WATERCRESS 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 WATERCRESS 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 WATERCRESS CLOSE?

3 WATERCRESS CLOSE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 3 on WATERCRESS CLOSE.