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
34 PINE CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £365,000 in December 2023, which was around 33% below the average December 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 34 PINE CLOSE 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 34 PINE 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 |
---|---|---|---|
2023 20 DEC | £365,000 | £546,346 | 33% below HPI |
2011 3 OCT | £200,000 | £346,464 | 42% below HPI |
2001 23 NOV | £150,000 | £215,284 | 30% below HPI |
2001 23 FEB | £122,000 | £194,197 | 37% 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 34 PINE CLOSE sales between February 2001 and December 2023 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 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
34 PINE CLOSE is 72m² according to the EPC inspection conducted in November 2010. 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 34 PINE CLOSE lies on this distribution: 6% of detached houses are smaller than 34 PINE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bicester.
34 PINE CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 34 PINE 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 34 PINE 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.
34 PINE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 34 on PINE CLOSE.