40, SHEARWATER DRIVE, BICESTER, OX26 6YS - £320,000

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

40 SHEARWATER DRIVE is a midsized extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £320,000 in March 2013, which was around 11% below the average March 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

40 SHEARWATER DRIVE Sold Prices

Land registry data shows three sales for 40 SHEARWATER DRIVE 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. One of the three 40 SHEARWATER DRIVE sales was for below the average price, whilst two 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
2013 19 MAR	£320,000	£359,456	11% below HPI
2002 14 JUN	£236,000	£230,554	2% above HPI
2001 28 JUN	£220,000	£207,738	6% above HPI

40 SHEARWATER 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 three 40 SHEARWATER DRIVE sales between June 2001 and March 2013 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 June 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 40 SHEARWATER DRIVE?

40 SHEARWATER DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in March 2009. 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 40 SHEARWATER DRIVE lies on this distribution: 57% of detached houses are smaller than 40 SHEARWATER DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bicester.

40 SHEARWATER DRIVE: Plot and Title Map

40 SHEARWATER DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 40 SHEARWATER 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 40 SHEARWATER 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 40 SHEARWATER DRIVE?

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