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
43 HEATHER ROAD is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £335,000 in April 2015, which was around 22% below the average April 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 43 HEATHER ROAD 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 43 HEATHER ROAD 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 |
---|---|---|---|
2015 17 APR | £335,000 | £427,894 | 22% below HPI |
2007 11 MAY | £249,000 | £335,088 | 26% below HPI |
2004 4 NOV | £210,000 | £306,530 | 31% below HPI |
2001 14 DEC | £156,000 | £218,418 | 29% below HPI |
1995 26 MAY | £77,950 | £98,205 | 21% 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 43 HEATHER ROAD sales between May 1995 and April 2015 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 May 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
43 HEATHER ROAD is 64m² according to the EPC inspection conducted in January 2015. 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 43 HEATHER ROAD lies on this distribution: 2% of detached houses are smaller than 43 HEATHER ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bicester.
43 HEATHER ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 43 HEATHER ROAD, 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 43 HEATHER ROAD). 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.
43 HEATHER ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 43 on HEATHER ROAD.