50, WILLOW DRIVE, BICESTER, OX26 3XA - £345,000

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

50 WILLOW DRIVE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £345,000 in March 2023, which was around 40% below the average March 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

50 WILLOW DRIVE Sold Prices

Land registry data shows three sales for 50 WILLOW DRIVE 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 50 WILLOW DRIVE 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 3 MAR	£345,000	£576,698	40% below HPI
2004 16 APR	£169,000	£285,918	41% below HPI
2001 14 MAR	£121,000	£194,342	38% below HPI

50 WILLOW DRIVE 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 50 WILLOW DRIVE sales between March 2001 and March 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 April 2004 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 50 WILLOW DRIVE?

50 WILLOW DRIVE is 65m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 50 WILLOW DRIVE lies on this distribution: 3% of detached houses are smaller than 50 WILLOW DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bicester.

50 WILLOW DRIVE: Plot and Title Map

50 WILLOW DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 50 WILLOW DRIVE, 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 50 WILLOW DRIVE). 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 50 WILLOW DRIVE?

50 WILLOW DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 50 on WILLOW DRIVE.