8, LARCH CLOSE, BICESTER, OX26 3XW - £340,000

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

8 LARCH CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £340,000 in April 2016, which was around 27% below the average April 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

8 LARCH CLOSE Sold Prices

Land registry data shows four sales for 8 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 8 LARCH 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
2016 28 APR	£340,000	£467,644	27% below HPI
2013 16 AUG	£265,000	£362,890	27% below HPI
2005 28 JAN	£197,000	£295,239	33% below HPI
1997 30 SEP	£93,250	£129,967	28% below HPI

8 LARCH CLOSE 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 four 8 LARCH CLOSE sales between September 1997 and April 2016 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 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2016 sale, which was also at 27% below the HPI.

How Large is 8 LARCH CLOSE?

8 LARCH CLOSE is 80m² according to the EPC inspection conducted in January 2016. 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 LARCH CLOSE lies on this distribution: 10% of detached houses are smaller than 8 LARCH CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicester.

8 LARCH CLOSE: Plot and Title Map

8 LARCH CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 8 LARCH 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 LARCH 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 8 LARCH CLOSE?

8 LARCH CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 8 on LARCH CLOSE.