7, SORREL MEAD, BICESTER, OX26 3EP - £585,000

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 SORREL MEAD is a very large extended detached house of 234m², built sometime between 1996 and 2002, which could now be worth an estimated £710,986. It was last sold for £585,000 in June 2018, which was around 25% above the average June 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

7 SORREL MEAD Sold Prices

Land registry data shows three sales for 7 SORREL MEAD 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. All of the three 7 SORREL MEAD 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 14 JUN	£585,000	£468,215	25% above HPI
2005 26 AUG	£360,000	£300,955	20% above HPI
2000 12 APR	£249,995	£177,359	41% above HPI

7 SORREL MEAD 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 SORREL MEAD sales between April 2000 and June 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 August 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 7 SORREL MEAD be worth now?

7 SORREL MEAD might now be worth an estimated £710,986.

This is based on house price inflation of 21.5%, between June 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 21.5% inflationary increase is applied to the most recent sale price for 7 SORREL MEAD of £585,000 on 14th June 2018. For the value to have increased from £585,000 to £710,986 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 SORREL MEAD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2018 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SORREL MEAD has not materially changed since June 2018.

How Large is 7 SORREL MEAD?

7 SORREL MEAD is 234m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 10% 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 SORREL MEAD lies on this distribution: More than 99% of detached houses houses are smaller than 7 SORREL MEAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 SORREL MEAD: Plot and Title Map

7 SORREL MEAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 7 SORREL MEAD, 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 SORREL MEAD). 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 SORREL MEAD?

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