48, GERMANDER WAY, BICESTER, OX26 3WD - £297,500

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

48 GERMANDER WAY is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £297,500 in April 2005, which was about the average April 2005 detached price in the Cherwell local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

48 GERMANDER WAY Sold Prices

Land registry data shows three sales for 48 GERMANDER WAY 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. The three 48 GERMANDER WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2005 27 APR	£297,500	£297,745	Close to HPI
2000 15 DEC	£186,000	£194,124	4% below HPI
1999 11 JUN	£167,995	£151,813	11% above HPI

48 GERMANDER WAY 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 48 GERMANDER WAY sales between June 1999 and April 2005 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 December 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 48 GERMANDER WAY?

48 GERMANDER WAY is 111m² according to the EPC inspection conducted in February 2015. 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 48 GERMANDER WAY lies on this distribution: 43% of detached houses are smaller than 48 GERMANDER WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Bicester.

48 GERMANDER WAY: Plot and Title Map

48 GERMANDER WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 48 GERMANDER 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 48 GERMANDER 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 48 GERMANDER WAY?

48 GERMANDER WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 48 on GERMANDER WAY.