5, ROWAN ROAD, BICESTER, OX26 2HN - £470,000

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 ROWAN ROAD is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £470,000 in February 2023, which was around 18% below the average February 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

5 ROWAN ROAD Sold Prices

Land registry data shows three sales for 5 ROWAN ROAD 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 5 ROWAN ROAD 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
2023 14 FEB	£470,000	£575,344	18% below HPI
2006 9 NOV	£275,000	£330,805	17% below HPI
1996 13 SEP	£70,000	£108,424	35% below HPI

5 ROWAN ROAD 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 5 ROWAN ROAD sales between September 1996 and February 2023 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 November 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 ROWAN ROAD?

5 ROWAN ROAD is 91m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 ROWAN ROAD lies on this distribution: 22% of detached houses are smaller than 5 ROWAN ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Bicester.

5 ROWAN ROAD: Plot and Title Map

5 ROWAN ROAD sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 5 ROWAN ROAD, 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 ROWAN ROAD). 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 ROWAN ROAD?

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