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 WELLAND CROFT is a very small extended detached house of 66m², built sometime between 1983 and 1990. It was last sold for £300,000 in June 2022, which was around 44% below the average June 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 41 WELLAND CROFT since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 41 WELLAND CROFT 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 |
---|---|---|---|
2022 22 JUN | £300,000 | £531,983 | 44% below HPI |
2019 6 JUN | £233,000 | £458,748 | 49% below HPI |
2014 11 AUG | £205,000 | £404,064 | 49% below HPI |
2006 15 DEC | £169,500 | £333,181 | 49% below HPI |
2003 18 DEC | £112,000 | £276,794 | 60% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The five 41 WELLAND CROFT sales between December 2003 and June 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 June 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2022 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.
41 WELLAND CROFT is 66m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 WELLAND CROFT lies on this distribution: 3% of detached houses are smaller than 41 WELLAND CROFT, and 97% of houses are larger. Note that EPC data is not available for all properties in Bicester.
41 WELLAND CROFT sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 41 WELLAND CROFT, 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 WELLAND CROFT). 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.
41 WELLAND CROFT is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 41 on WELLAND CROFT.