71, WEAR ROAD, BICESTER, OX26 2FF - £350,000

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

71 WEAR ROAD is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2018, which was around 29% below the average August 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

71 WEAR ROAD Sold Prices

Land registry data shows three sales for 71 WEAR ROAD 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 71 WEAR ROAD sales were for below 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	£350,000	£491,292	29% below HPI
1999 7 JAN	£93,500	£146,049	36% below HPI
1995 6 OCT	£75,000	£99,096	24% below HPI

71 WEAR 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 three 71 WEAR ROAD sales between October 1995 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 January 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 71 WEAR ROAD?

71 WEAR ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 71 WEAR ROAD lies on this distribution: 33% of detached houses are smaller than 71 WEAR ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Bicester.

71 WEAR ROAD: Plot and Title Map

71 WEAR ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 71 WEAR 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 71 WEAR 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 71 WEAR ROAD?

71 WEAR ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 71 on WEAR ROAD.