58, LANCASTER CLOSE, BICESTER, OX26 4TT - £158,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58 LANCASTER CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £328,574. It was last sold for £158,000 in June 2003, which was around 42% below the average June 2003 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

58 LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 58 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 58 LANCASTER CLOSE 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
2003 27 JUN	£158,000	£273,637	42% below HPI
1995 3 MAR	£59,500	£93,575	36% below HPI

58 LANCASTER CLOSE 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 two 58 LANCASTER CLOSE sales from March 1995 and June 2003 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 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2003 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 58 LANCASTER CLOSE be worth now?

58 LANCASTER CLOSE might now be worth an estimated £328,574.

This is based on house price inflation of 108%, between June 2003 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108% inflationary increase is applied to the most recent sale price for 58 LANCASTER CLOSE of £158,000 on 27th June 2003. For the value to have increased from £158,000 to £328,574 over the 22 years and four months to February 2025, the following assumptions must hold true:

• The value of 58 LANCASTER CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2003 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 58 LANCASTER CLOSE has not materially changed since June 2003.

How Large is 58 LANCASTER CLOSE?

58 LANCASTER CLOSE is 73m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 58 LANCASTER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 58 LANCASTER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bicester.

58 LANCASTER CLOSE: Plot and Title Map

58 LANCASTER CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 58 LANCASTER CLOSE, 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 58 LANCASTER CLOSE). 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 58 LANCASTER CLOSE?

58 LANCASTER CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 58 on LANCASTER CLOSE.