54, MERGANSER DRIVE, BICESTER, OX26 6UG - £395,000

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

54 MERGANSER DRIVE is a small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £395,000 in June 2017, which was around 17% below the average June 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

54 MERGANSER DRIVE Sold Prices

Land registry data shows three sales for 54 MERGANSER 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. Two of the three 54 MERGANSER DRIVE sales were for below the average price, whilst one was 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
2017 12 JUN	£395,000	£476,287	17% below HPI
2016 30 JUN	£425,000	£470,621	10% below HPI
1996 13 DEC	£104,995	£100,237	5% above HPI

54 MERGANSER 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 54 MERGANSER DRIVE sales between December 1996 and June 2017 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 June 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 54 MERGANSER DRIVE?

54 MERGANSER DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 54 MERGANSER DRIVE lies on this distribution: 39% of detached houses are smaller than 54 MERGANSER DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bicester.

54 MERGANSER DRIVE: Plot and Title Map

54 MERGANSER DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 54 MERGANSER 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 54 MERGANSER 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 54 MERGANSER DRIVE?

54 MERGANSER DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 54 on MERGANSER DRIVE.