51, REEDMACE ROAD, BICESTER, OX26 3WN - £315,000

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

51 REEDMACE ROAD is a small detached house of 102m², built sometime between 1996 and 2002. It was last sold for £315,000 in July 2010, which was around 9% below the average July 2010 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

51 REEDMACE ROAD Sold Prices

Land registry data shows four sales for 51 REEDMACE ROAD 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 REEDMACE 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
2010 2 JUL	£315,000	£346,896	9% below HPI
2002 26 APR	£209,000	£227,050	8% below HPI
2000 28 JAN	£155,000	£171,517	10% below HPI
1999 16 APR	£129,950	£145,868	11% below HPI

51 REEDMACE 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 four 51 REEDMACE ROAD sales between April 1999 and July 2010 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2010 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 51 REEDMACE ROAD?

51 REEDMACE ROAD is 102m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 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 REEDMACE ROAD lies on this distribution: 34% of detached houses are smaller than 51 REEDMACE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Bicester.

51 REEDMACE ROAD: Plot and Title Map

51 REEDMACE ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 51 REEDMACE 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 51 REEDMACE 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 51 REEDMACE ROAD?

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