40, ROMAN WAY, BICESTER, OX26 6FJ - £220,000

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.

40 ROMAN WAY is a very small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £259,004. It was last sold for £220,000 in September 2017, which was around 8% below the average September 2017 terraced price in the Cherwell local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

40 ROMAN WAY Sold Prices

Land registry data shows four sales for 40 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the four 40 ROMAN WAY 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
2017 8 SEP	£220,000	£238,137	8% below HPI
2012 23 MAR	£140,000	£176,133	21% below HPI
2002 4 APR	£95,000	£104,083	9% below HPI
1998 27 NOV	£57,475	£66,183	13% below HPI

40 ROMAN WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The four 40 ROMAN WAY sales between November 1998 and September 2017 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 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 40 ROMAN WAY be worth now?

40 ROMAN WAY might now be worth an estimated £259,004.

This is based on house price inflation of 17.7%, between September 2017 and July 2025, for terraced 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 17.7% inflationary increase is applied to the most recent sale price for 40 ROMAN WAY of £220,000 on 8th September 2017. For the value to have increased from £220,000 to £259,004 over the eight years and two months to July 2025, the following assumptions must hold true:

• The value of 40 ROMAN WAY has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The September 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ROMAN WAY has not materially changed since September 2017.

How Large is 40 ROMAN WAY?

40 ROMAN WAY is 48m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of terraced houses houses in Bicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bicester, and where 40 ROMAN WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 40 ROMAN WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

40 ROMAN WAY: Plot and Title Map

40 ROMAN WAY sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 40 ROMAN WAY, 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 ROMAN WAY). 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 ROMAN WAY?

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