5, ORCHID CLOSE, BICESTER, OX26 3WT - £660,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 ORCHID CLOSE is a very large extended detached house of 188m², built sometime between 1996 and 2002. It was last sold for £660,000 in March 2024, which was around 22% above the average March 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

5 ORCHID CLOSE Sold Prices

Land registry data shows four sales for 5 ORCHID CLOSE since 1^st 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 5 ORCHID CLOSE sales were 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
2024 14 MAR	£660,000	£542,256	22% above HPI
2017 14 MAR	£530,000	£467,299	13% above HPI
2005 2 SEP	£340,000	£304,825	12% above HPI
2000 7 DEC	£258,000	£194,124	33% above HPI

5 ORCHID 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 four 5 ORCHID CLOSE sales between December 2000 and March 2024 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 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2024 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 5 ORCHID CLOSE?

5 ORCHID CLOSE is 188m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% 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 ORCHID CLOSE lies on this distribution: 96% of detached houses are smaller than 5 ORCHID CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bicester.

5 ORCHID CLOSE: Plot and Title Map

5 ORCHID CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 5 ORCHID 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 5 ORCHID 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 5 ORCHID CLOSE?

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