7, LILY CLOSE, BICESTER, OX26 3EJ - £429,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 LILY CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £515,833. It was last sold for £429,950 in November 2020, which was around 12% below the average November 2020 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

7 LILY CLOSE Sold Prices

Land registry data shows three sales for 7 LILY CLOSE 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 7 LILY CLOSE sales were for below the average price, whilst one was 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
2020 20 NOV	£429,950	£487,381	12% below HPI
2003 30 SEP	£250,000	£277,225	10% below HPI
1999 26 MAR	£159,950	£144,173	11% above HPI

7 LILY 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 three 7 LILY CLOSE sales between March 1999 and November 2020 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 September 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 LILY CLOSE be worth now?

7 LILY CLOSE might now be worth an estimated £515,833.

This is based on house price inflation of 20%, between November 2020 and December 2024, 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 20% inflationary increase is applied to the most recent sale price for 7 LILY CLOSE of £429,950 on 20th November 2020. For the value to have increased from £429,950 to £515,833 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 LILY CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2020 sale price of £429,950 represented a fair market value for the property.
• The size, condition, and specification of 7 LILY CLOSE has not materially changed since November 2020.

How Large is 7 LILY CLOSE?

7 LILY CLOSE is 120m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% 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 LILY CLOSE lies on this distribution: 54% of detached houses houses are smaller than 7 LILY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 LILY CLOSE: Plot and Title Map

7 LILY CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 7 LILY 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 7 LILY 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 7 LILY CLOSE?

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