5, SORREL MEAD, BICESTER, OX26 3EP - £550,000

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

5 SORREL MEAD is a large extended detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £655,981. It was last sold for £550,000 in November 2018, which was around 15% above the average November 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

5 SORREL MEAD Sold Prices

Land registry data shows two sales for 5 SORREL MEAD 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. Both of the two 5 SORREL MEAD 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
2018 13 NOV	£550,000	£477,114	15% above HPI
2000 21 JAN	£182,995	£169,026	8% above HPI

5 SORREL MEAD 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 SORREL MEAD sales from January 2000 and November 2018 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 January 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 SORREL MEAD be worth now?

5 SORREL MEAD might now be worth an estimated £655,981.

This is based on house price inflation of 19.3%, between November 2018 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 19.3% inflationary increase is applied to the most recent sale price for 5 SORREL MEAD of £550,000 on 13th November 2018. For the value to have increased from £550,000 to £655,981 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 SORREL MEAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SORREL MEAD has not materially changed since November 2018.

How Large is 5 SORREL MEAD?

5 SORREL MEAD is 145m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 30% 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 5 SORREL MEAD lies on this distribution: 77% of detached houses houses are smaller than 5 SORREL MEAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Bicester.

5 SORREL MEAD: Plot and Title Map

5 SORREL MEAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 5 SORREL MEAD, 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 SORREL MEAD). 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 SORREL MEAD?

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