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
8 FORSYTHIA CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £225,000 in July 2012, which was around 35% below the average July 2012 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 FORSYTHIA CLOSE since 1st 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 8 FORSYTHIA CLOSE 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 |
---|---|---|---|
2012 4 JUL | £225,000 | £344,544 | 35% below HPI |
2002 13 NOV | £182,500 | £258,934 | 30% below HPI |
1995 25 AUG | £79,950 | £100,229 | 20% below HPI |
The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The three 8 FORSYTHIA CLOSE sales between August 1995 and July 2012 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
8 FORSYTHIA CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 8 FORSYTHIA CLOSE lies on this distribution: 14% of detached houses are smaller than 8 FORSYTHIA CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bicester.
8 FORSYTHIA CLOSE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 8 FORSYTHIA 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 8 FORSYTHIA 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.
8 FORSYTHIA CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 8 on FORSYTHIA CLOSE.