49, SOMERVILLE DRIVE, BICESTER, OX26 4TU - £178,000

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

49 SOMERVILLE DRIVE is a very large extended detached house of 163m², built sometime between 1976 and 1982. It was last sold for £178,000 in August 2001, which was around 15% below the average August 2001 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

49 SOMERVILLE DRIVE Sold Prices

Land registry data shows two sales for 49 SOMERVILLE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 49 SOMERVILLE 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
2001 24 AUG	£178,000	£208,652	15% below HPI
1999 24 SEP	£136,000	£163,028	17% below HPI

49 SOMERVILLE 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 two 49 SOMERVILLE DRIVE sales from September 1999 and August 2001 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 September 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2001 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 49 SOMERVILLE DRIVE?

49 SOMERVILLE DRIVE is 163m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 20% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 49 SOMERVILLE DRIVE lies on this distribution: 87% of detached houses are smaller than 49 SOMERVILLE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bicester.

49 SOMERVILLE DRIVE: Plot and Title Map

49 SOMERVILLE DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 49 SOMERVILLE 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 49 SOMERVILLE 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 49 SOMERVILLE DRIVE?

49 SOMERVILLE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 49 on SOMERVILLE DRIVE.