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
61 GREBE ROAD is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £365,000 in August 2015, which was around 18% below the average August 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 61 GREBE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 61 GREBE 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 |
---|---|---|---|
2015 19 AUG | £365,000 | £443,249 | 18% below HPI |
2015 27 MAR | £365,000 | £420,464 | 13% below HPI |
2010 9 JUL | £236,000 | £346,896 | 32% below HPI |
2008 17 NOV | £220,000 | £315,597 | 30% below HPI |
2001 9 NOV | £155,950 | £215,284 | 28% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The five 61 GREBE ROAD sales between November 2001 and August 2015 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
61 GREBE ROAD is 99m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 61 GREBE ROAD lies on this distribution: 30% of detached houses are smaller than 61 GREBE ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Bicester.
61 GREBE ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 61 GREBE 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 61 GREBE 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.
61 GREBE ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 61 on GREBE ROAD.