72, MERGANSER DRIVE, BICESTER, OX26 6UG - £355,000

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

72 MERGANSER DRIVE is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £355,000 in November 2018, which was around 27% below the average November 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

72 MERGANSER DRIVE Sold Prices

Land registry data shows two sales for 72 MERGANSER DRIVE 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. Both of the two 72 MERGANSER DRIVE 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 2 NOV	£355,000	£484,147	27% below HPI
1996 28 JUN	£82,500	£99,385	17% below HPI

72 MERGANSER DRIVE 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 72 MERGANSER DRIVE sales from June 1996 and November 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 June 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 72 MERGANSER DRIVE?

72 MERGANSER DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 72 MERGANSER DRIVE lies on this distribution: 7% of detached houses are smaller than 72 MERGANSER DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bicester.

72 MERGANSER DRIVE: Plot and Title Map

72 MERGANSER DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 72 MERGANSER DRIVE, 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 72 MERGANSER DRIVE). 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 72 MERGANSER DRIVE?

72 MERGANSER DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 72 on MERGANSER DRIVE.