6, SPRUCE DRIVE, BICESTER, OX26 3YN - £550,000

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

6 SPRUCE DRIVE is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £550,000 in June 2022, which was around 3% above the average June 2022 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.

6 SPRUCE DRIVE Sold Prices

Land registry data shows three sales for 6 SPRUCE 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 6 SPRUCE DRIVE sales were for above the average price, whilst one was 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 JUN	£550,000	£531,983	3% above HPI
2020 24 JAN	£375,000	£467,267	20% below HPI
1996 29 MAR	£113,000	£101,908	11% above HPI

6 SPRUCE 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 6 SPRUCE DRIVE sales between March 1996 and June 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 January 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 6 SPRUCE DRIVE?

6 SPRUCE DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 6 SPRUCE DRIVE lies on this distribution: 74% of detached houses are smaller than 6 SPRUCE DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bicester.

6 SPRUCE DRIVE: Plot and Title Map

6 SPRUCE DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 6 SPRUCE 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 6 SPRUCE 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 6 SPRUCE DRIVE?

6 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 6 on SPRUCE DRIVE.