51, GERMANDER WAY, BICESTER, OX26 3WD - £495,000

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

51 GERMANDER WAY is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £495,000 in September 2022, which was around 14% below the average September 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

51 GERMANDER WAY Sold Prices

Land registry data shows four sales for 51 GERMANDER WAY 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 51 GERMANDER 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
2022 30 SEP	£495,000	£572,645	14% below HPI
2020 7 APR	£425,000	£473,281	10% below HPI
2000 25 AUG	£171,750	£200,999	15% below HPI
1999 19 NOV	£151,995	£167,836	9% below HPI

51 GERMANDER WAY 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 51 GERMANDER WAY sales between November 1999 and September 2022 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 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 51 GERMANDER WAY?

51 GERMANDER WAY is 130m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 51 GERMANDER WAY lies on this distribution: 66% of detached houses are smaller than 51 GERMANDER WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Bicester.

51 GERMANDER WAY: Plot and Title Map

51 GERMANDER WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 51 GERMANDER 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 51 GERMANDER 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.

Where is 51 GERMANDER WAY?

51 GERMANDER WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 51 on GERMANDER WAY.