38, PINE CLOSE, BICESTER, OX26 3YJ - £352,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 PINE CLOSE is a small detached house of 96m², built sometime between 1991 and 1995, which could now be worth an estimated £428,415. It was last sold for £352,500 in June 2018, which was around 25% below the average June 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

38 PINE CLOSE Sold Prices

Land registry data shows seven sales for 38 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the seven 38 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
2018 1 JUN	£352,500	£468,215	25% below HPI
2014 12 DEC	£320,000	£405,256	21% below HPI
2007 5 APR	£266,000	£326,395	19% below HPI
2005 6 JAN	£217,000	£290,950	25% below HPI
2002 26 APR	£174,500	£223,752	22% below HPI
1999 1 OCT	£117,500	£163,485	28% below HPI
1995 29 JUN	£78,000	£96,917	20% below HPI

38 PINE 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 seven 38 PINE CLOSE sales between June 1995 and June 2018 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 PINE CLOSE be worth now?

38 PINE CLOSE might now be worth an estimated £428,415.

This is based on house price inflation of 21.5%, between June 2018 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.5% inflationary increase is applied to the most recent sale price for 38 PINE CLOSE of £352,500 on 1st June 2018. For the value to have increased from £352,500 to £428,415 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 38 PINE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2018 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 38 PINE CLOSE has not materially changed since June 2018.

How Large is 38 PINE CLOSE?

38 PINE CLOSE is 96m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 38 PINE CLOSE lies on this distribution: 27% of detached houses houses are smaller than 38 PINE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bicester.

38 PINE CLOSE: Plot and Title Map

38 PINE CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 38 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 38 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.

Where is 38 PINE CLOSE?

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