41, SOMERVILLE DRIVE, BICESTER, OX26 4TU - £270,000

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

41 SOMERVILLE DRIVE is a midsized detached house of 114m², built sometime between 1967 and 1975. It was last sold for £270,000 in October 2013, which was around 27% below the average October 2013 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

41 SOMERVILLE DRIVE Sold Prices

Land registry data shows three sales for 41 SOMERVILLE 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. All of the three 41 SOMERVILLE DRIVE 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
2013 1 OCT	£270,000	£371,727	27% below HPI
2002 14 MAR	£167,000	£221,759	25% below HPI
1995 30 AUG	£85,500	£100,229	15% below HPI

41 SOMERVILLE 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 41 SOMERVILLE DRIVE sales between August 1995 and October 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 March 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 41 SOMERVILLE DRIVE?

41 SOMERVILLE DRIVE is 114m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 41 SOMERVILLE DRIVE lies on this distribution: 48% of detached houses are smaller than 41 SOMERVILLE DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bicester.

41 SOMERVILLE DRIVE: Plot and Title Map

41 SOMERVILLE DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 41 SOMERVILLE 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 41 SOMERVILLE 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 41 SOMERVILLE DRIVE?

41 SOMERVILLE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 41 on SOMERVILLE DRIVE.