7, BETONY WAY, BICESTER, OX26 3WR - £535,500

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.

7 BETONY WAY is a very large extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £626,540. It was last sold for £535,500 in September 2018, which was around 10% above the average September 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

7 BETONY WAY Sold Prices

Land registry data shows four sales for 7 BETONY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 7 BETONY WAY sales were 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
2018 10 SEP	£535,500	£486,364	10% above HPI
2005 16 DEC	£337,000	£300,207	12% above HPI
2001 15 JUN	£250,000	£204,720	22% above HPI
1998 18 DEC	£195,950	£143,301	37% above HPI

7 BETONY WAY 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 four 7 BETONY WAY sales between December 1998 and September 2018 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 December 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 7 BETONY WAY be worth now?

7 BETONY WAY might now be worth an estimated £626,540.

This is based on house price inflation of 17%, between September 2018 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 17% inflationary increase is applied to the most recent sale price for 7 BETONY WAY of £535,500 on 10th September 2018. For the value to have increased from £535,500 to £626,540 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 BETONY WAY has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The September 2018 sale price of £535,500 represented a fair market value for the property.
• The size, condition, and specification of 7 BETONY WAY has not materially changed since September 2018.

How Large is 7 BETONY WAY?

7 BETONY WAY is 161m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% 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 7 BETONY WAY lies on this distribution: 86% of detached houses houses are smaller than 7 BETONY WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 BETONY WAY: Plot and Title Map

7 BETONY WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 7 BETONY WAY, 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 7 BETONY WAY). 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 7 BETONY WAY?

7 BETONY WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 7 on BETONY WAY.