30, THE MAGNOLIAS, BICESTER, OX26 3YG - £325,000

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

30 THE MAGNOLIAS is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £325,000 in March 2019, which was around 31% below the average March 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

30 THE MAGNOLIAS Sold Prices

Land registry data shows three sales for 30 THE MAGNOLIAS 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. All of the three 30 THE MAGNOLIAS 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 14 MAR	£325,000	£473,030	31% below HPI
2005 26 OCT	£197,500	£302,700	35% below HPI
1996 11 OCT	£79,000	£106,925	26% below HPI

30 THE MAGNOLIAS 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 30 THE MAGNOLIAS sales between October 1996 and March 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 October 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 30 THE MAGNOLIAS?

30 THE MAGNOLIAS is 81m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 THE MAGNOLIAS lies on this distribution: 12% of detached houses are smaller than 30 THE MAGNOLIAS, and 88% of houses are larger. Note that EPC data is not available for all properties in Bicester.

30 THE MAGNOLIAS: Plot and Title Map

30 THE MAGNOLIAS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 30 THE MAGNOLIAS, 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 THE MAGNOLIAS). 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 30 THE MAGNOLIAS?

30 THE MAGNOLIAS is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 30 on THE MAGNOLIAS.