7, VERVAIN CLOSE, BICESTER, OX26 3SQ - £290,000

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 VERVAIN CLOSE is a very small semi-detached house of 73m², built sometime between 2007 and 2011, which could now be worth an estimated £355,666. It was last sold for £290,000 in August 2018, which was around 1% below the average August 2018 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

7 VERVAIN CLOSE Sold Prices

Land registry data shows four sales for 7 VERVAIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. two of the four 7 VERVAIN CLOSE sales were for below the average price, and four 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 15 AUG	£290,000	£292,544	1% below HPI
2018 13 JUL	£285,000	£289,782	2% below HPI
2015 11 AUG	£271,000	£265,011	2% above HPI
2001 4 OCT	£136,500	£116,631	17% above HPI

7 VERVAIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The four 7 VERVAIN CLOSE sales between October 2001 and August 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 July 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 7 VERVAIN CLOSE be worth now?

7 VERVAIN CLOSE might now be worth an estimated £355,666.

This is based on house price inflation of 22.6%, between August 2018 and December 2024, for semi-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 22.6% inflationary increase is applied to the most recent sale price for 7 VERVAIN CLOSE of £290,000 on 15th August 2018. For the value to have increased from £290,000 to £355,666 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 VERVAIN CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The August 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 VERVAIN CLOSE has not materially changed since August 2018.

How Large is 7 VERVAIN CLOSE?

7 VERVAIN CLOSE is 73m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of semi-detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicester, and where 7 VERVAIN CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 7 VERVAIN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 VERVAIN CLOSE: Plot and Title Map

7 VERVAIN CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 7 VERVAIN 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 VERVAIN 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 VERVAIN CLOSE?

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