5, FAIRFORD WAY, BICESTER, OX26 4YG - £385,000

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

5 FAIRFORD WAY is a large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £385,000 in September 2015, which was around 13% below the average September 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

5 FAIRFORD WAY Sold Prices

Land registry data shows two sales for 5 FAIRFORD WAY 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. One of the two 5 FAIRFORD WAY sales was for below the average price, whilst the other was for above 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
2015 24 SEP	£385,000	£444,659	13% below HPI
2012 30 MAY	£348,000	£341,335	2% above HPI

5 FAIRFORD 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 two 5 FAIRFORD WAY sales from May 2012 and September 2015 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 May 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 FAIRFORD WAY?

5 FAIRFORD WAY is 143m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 5 FAIRFORD WAY lies on this distribution: 76% of detached houses are smaller than 5 FAIRFORD WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Bicester.

5 FAIRFORD WAY: Plot and Title Map

5 FAIRFORD WAY sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 5 FAIRFORD 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 5 FAIRFORD 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 5 FAIRFORD WAY?

5 FAIRFORD WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 5 on FAIRFORD WAY.