4, MERGANSER DRIVE, BICESTER, OX26 6UQ - £540,000

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

4 MERGANSER DRIVE is a midsized extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £540,000 in November 2022, which was around 6% below the average November 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

4 MERGANSER DRIVE Sold Prices

Land registry data shows four sales for 4 MERGANSER DRIVE 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. two of the four 4 MERGANSER DRIVE sales were for below the average price, and four were for above 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
2022 30 NOV	£540,000	£573,735	6% below HPI
2015 16 JAN	£365,000	£410,470	11% below HPI
1997 25 JUN	£144,950	£112,689	29% above HPI
1995 15 SEP	£113,000	£98,206	15% above HPI

4 MERGANSER DRIVE 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 4 MERGANSER DRIVE sales between September 1995 and November 2022 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 January 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 MERGANSER DRIVE?

4 MERGANSER DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 4 MERGANSER DRIVE lies on this distribution: 54% of detached houses are smaller than 4 MERGANSER DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bicester.

4 MERGANSER DRIVE: Plot and Title Map

4 MERGANSER DRIVE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 4 MERGANSER DRIVE, 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 4 MERGANSER DRIVE). 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 4 MERGANSER DRIVE?

4 MERGANSER DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 4 on MERGANSER DRIVE.