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
30 REEDMACE ROAD is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £367,000 in June 2021, which was around 27% below the average June 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 30 REEDMACE ROAD since 1st 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 30 REEDMACE ROAD 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 |
---|---|---|---|
2021 7 JUN | £367,000 | £501,795 | 27% below HPI |
2012 10 APR | £254,000 | £344,472 | 26% below HPI |
2002 1 FEB | £170,000 | £217,431 | 22% below HPI |
1999 28 MAY | £126,500 | £147,757 | 14% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 30 REEDMACE ROAD sales between May 1999 and June 2021 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 April 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
30 REEDMACE ROAD is 92m² according to the EPC inspection conducted in October 2020. 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 30 REEDMACE ROAD lies on this distribution: 23% of detached houses are smaller than 30 REEDMACE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Bicester.
30 REEDMACE ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 30 REEDMACE ROAD, 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 30 REEDMACE ROAD). 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.
30 REEDMACE ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 30 on REEDMACE ROAD.