40, PINE CLOSE, BICESTER, OX26 3YJ - £498,500

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

40 PINE CLOSE is a large extended detached house of 145m², built sometime between 1991 and 1995. It was last sold for £498,500 in December 2023, which was around 9% below the average December 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

40 PINE CLOSE Sold Prices

Land registry data shows three sales for 40 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the three 40 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 15 DEC	£498,500	£546,346	9% below HPI
2014 13 MAR	£335,000	£384,281	13% below HPI
2000 29 NOV	£184,950	£191,815	4% below HPI

40 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 three 40 PINE CLOSE sales between November 2000 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 March 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 40 PINE CLOSE?

40 PINE CLOSE is 145m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 40 PINE CLOSE lies on this distribution: 77% of detached houses are smaller than 40 PINE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bicester.

40 PINE CLOSE: Plot and Title Map

40 PINE CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 40 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 40 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 40 PINE CLOSE?

40 PINE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 40 on PINE CLOSE.