56, CRANESBILL DRIVE, BICESTER, OX26 3ZF - £220,000

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

56 CRANESBILL DRIVE is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £220,000 in May 2009, which was around 27% below the average May 2009 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

56 CRANESBILL DRIVE Sold Prices

Land registry data shows three sales for 56 CRANESBILL 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 56 CRANESBILL 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
2009 22 MAY	£220,000	£302,198	27% below HPI
2003 28 MAR	£187,500	£276,288	32% below HPI
1999 30 JUN	£120,000	£151,813	21% below HPI

56 CRANESBILL 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 56 CRANESBILL DRIVE sales between June 1999 and May 2009 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 March 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2009 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 56 CRANESBILL DRIVE?

56 CRANESBILL DRIVE is 137m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 56 CRANESBILL DRIVE lies on this distribution: 71% of detached houses are smaller than 56 CRANESBILL DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bicester.

56 CRANESBILL DRIVE: Plot and Title Map

56 CRANESBILL DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 56 CRANESBILL 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 56 CRANESBILL 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 56 CRANESBILL DRIVE?

56 CRANESBILL DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 56 on CRANESBILL DRIVE.