7, REEDMACE ROAD, BICESTER, OX26 3WN - £530,000

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

7 REEDMACE ROAD is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £530,000 in November 2023, which was around 4% below the average November 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

7 REEDMACE ROAD Sold Prices

Land registry data shows two sales for 7 REEDMACE ROAD 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. One of the two 7 REEDMACE ROAD sales was for below the average price, whilst the other 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
2023 16 NOV	£530,000	£551,461	4% below HPI
1999 16 NOV	£185,000	£167,836	10% above HPI

7 REEDMACE ROAD 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 7 REEDMACE ROAD sales from November 1999 and November 2023 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 November 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 REEDMACE ROAD?

7 REEDMACE ROAD is 120m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 7 REEDMACE ROAD lies on this distribution: 54% of detached houses are smaller than 7 REEDMACE ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 REEDMACE ROAD: Plot and Title Map

7 REEDMACE ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 7 REEDMACE 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 7 REEDMACE 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.

Where is 7 REEDMACE ROAD?

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