32, MARTIN CLOSE, BICESTER, OX26 6XA - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

32 MARTIN CLOSE is a very small extended detached house of 85m², built sometime between 2003 and 2006. It was last sold for £280,000 in May 2014, which was around 28% below the average May 2014 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

32 MARTIN CLOSE Sold Prices

Land registry data shows two sales for 32 MARTIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 32 MARTIN 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
2014 16 MAY	£280,000	£389,154	28% below HPI
1995 1 DEC	£85,995	£97,816	12% below HPI

32 MARTIN 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 two 32 MARTIN CLOSE sales from December 1995 and May 2014 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 December 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 32 MARTIN CLOSE?

32 MARTIN CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in September 2019. 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 32 MARTIN CLOSE lies on this distribution: 16% of detached houses are smaller than 32 MARTIN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bicester.

32 MARTIN CLOSE: Plot and Title Map

32 MARTIN CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 32 MARTIN 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 32 MARTIN 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 32 MARTIN CLOSE?

32 MARTIN CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 32 on MARTIN CLOSE.