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 MULBERRY DRIVE is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £360,000 in August 2018, which was around 27% 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.
Land registry data shows four sales for 48 MULBERRY DRIVE since 1st 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 | £491,292 | 27% below HPI |
2010 12 MAR | £250,000 | £330,361 | 24% below HPI |
1997 15 AUG | £106,000 | £124,459 | 15% below HPI |
1995 6 JAN | £78,950 | £93,342 | 15% below HPI |
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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
48 MULBERRY DRIVE is 98m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% 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 MULBERRY DRIVE lies on this distribution: 28% of detached 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 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.
48 MULBERRY DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 48 on MULBERRY DRIVE.