31, REDWING CLOSE, BICESTER, OX26 6SR - £345,000

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

31 REDWING CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £345,000 in October 2016, which was around 27% below the average October 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

31 REDWING CLOSE Sold Prices

Land registry data shows four sales for 31 REDWING 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 31 REDWING 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 12 OCT	£345,000	£470,204	27% below HPI
2004 26 AUG	£225,500	£300,343	25% below HPI
2003 22 OCT	£192,500	£273,986	30% below HPI
1996 19 FEB	£75,500	£98,163	23% below HPI

31 REDWING 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 31 REDWING CLOSE sales between February 1996 and October 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 August 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 31 REDWING CLOSE?

31 REDWING CLOSE is 77m² according to the EPC inspection conducted in April 2016. 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 31 REDWING CLOSE lies on this distribution: 8% of detached houses are smaller than 31 REDWING CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bicester.

31 REDWING CLOSE: Plot and Title Map

31 REDWING CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 31 REDWING 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 31 REDWING 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 31 REDWING CLOSE?

31 REDWING CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 31 on REDWING CLOSE.