38, LILY CLOSE, BICESTER, OX26 3EJ - £241,000

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

38 LILY CLOSE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £241,000 in September 2006, which was around 27% below the average September 2006 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

38 LILY CLOSE Sold Prices

Land registry data shows two sales for 38 LILY 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 38 LILY 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
2006 1 SEP	£241,000	£331,722	27% below HPI
1999 21 MAY	£115,950	£147,757	22% below HPI

38 LILY 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 38 LILY CLOSE sales from May 1999 and September 2006 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 May 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2006 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 LILY CLOSE?

38 LILY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in November 2015. 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 38 LILY CLOSE lies on this distribution: 13% of detached houses are smaller than 38 LILY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bicester.

38 LILY CLOSE: Plot and Title Map

38 LILY CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 38 LILY 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 38 LILY 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 38 LILY CLOSE?

38 LILY CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 38 on LILY CLOSE.