4A, CHAUCER CLOSE, BICESTER, OX26 2XP - £122,000

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

4A CHAUCER CLOSE is a very small extended detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £544,857. It was last sold for £122,000 in December 1997, which was around 4% below the average December 1997 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

4A CHAUCER CLOSE Sold Prices

Land registry data shows three sales for 4A CHAUCER CLOSE 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. All of the three 4A CHAUCER CLOSE 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
1997 1 DEC	£122,000	£127,417	4% below HPI
1997 8 AUG	£111,000	£122,651	9% below HPI
1997 27 JUN	£105,000	£111,052	5% below HPI

4A CHAUCER CLOSE 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 4A CHAUCER CLOSE sales between June 1997 and December 1997 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 August 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 1997 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 4A CHAUCER CLOSE be worth now?

4A CHAUCER CLOSE might now be worth an estimated £544,857.

This is based on house price inflation of 346.6%, between December 1997 and February 2025, 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 346.6% inflationary increase is applied to the most recent sale price for 4A CHAUCER CLOSE of £122,000 on 1st December 1997. For the value to have increased from £122,000 to £544,857 over the 28 years and ten months to February 2025, the following assumptions must hold true:

• The value of 4A CHAUCER CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 1997 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 4A CHAUCER CLOSE has not materially changed since December 1997.

How Large is 4A CHAUCER CLOSE?

4A CHAUCER CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 4A CHAUCER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 4A CHAUCER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bicester.

4A CHAUCER CLOSE: Plot and Title Map

4A CHAUCER CLOSE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 4A CHAUCER CLOSE, 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 4A CHAUCER CLOSE). 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 4A CHAUCER CLOSE?

4A CHAUCER CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 4A on CHAUCER CLOSE.