48, MULBERRY DRIVE, BICESTER, OX26 3FY - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 MULBERRY DRIVE is a small detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £434,788. It was last sold for £360,000 in August 2018, which was around 26% below the average August 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

48 MULBERRY DRIVE Sold Prices

Land registry data shows four sales for 48 MULBERRY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 48 MULBERRY 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
2018 14 AUG	£360,000	£484,155	26% below HPI
2010 12 MAR	£250,000	£325,562	23% below HPI
1997 15 AUG	£106,000	£122,651	14% below HPI
1995 6 JAN	£78,950	£91,986	14% below HPI

48 MULBERRY 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 four 48 MULBERRY DRIVE sales between January 1995 and August 2018 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 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 48 MULBERRY DRIVE be worth now?

48 MULBERRY DRIVE might now be worth an estimated £434,788.

This is based on house price inflation of 20.8%, between August 2018 and December 2024, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 48 MULBERRY DRIVE of £360,000 on 14th August 2018. For the value to have increased from £360,000 to £434,788 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 48 MULBERRY DRIVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The August 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MULBERRY DRIVE has not materially changed since August 2018.

How Large is 48 MULBERRY DRIVE?

48 MULBERRY DRIVE is 98m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 48 MULBERRY DRIVE lies on this distribution: 28% of detached houses houses are smaller than 48 MULBERRY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bicester.

48 MULBERRY DRIVE: Plot and Title Map

48 MULBERRY DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 48 MULBERRY 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 48 MULBERRY 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 48 MULBERRY DRIVE?

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