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 MALLARDS WAY is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £307,500 in May 2020, which was around 36% below the average May 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 MALLARDS WAY since 1st 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 5 MALLARDS WAY 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 |
---|---|---|---|
2020 29 MAY | £307,500 | £477,615 | 36% below HPI |
2001 31 OCT | £158,950 | £209,573 | 24% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 5 MALLARDS WAY sales from October 2001 and May 2020 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 October 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
5 MALLARDS WAY is 85m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 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 5 MALLARDS WAY lies on this distribution: 16% of detached houses are smaller than 5 MALLARDS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Bicester.
5 MALLARDS WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 5 MALLARDS 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 MALLARDS 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.
5 MALLARDS WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 5 on MALLARDS WAY.