8, SORREL MEAD, BICESTER, OX26 3EP - £372,000

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 SORREL MEAD is a large detached house of 143m², built sometime between 1996 and 2002. It was last sold for £372,000 in September 2015, which was around 16% below the average September 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

8 SORREL MEAD Sold Prices

Land registry data shows five sales for 8 SORREL MEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 8 SORREL MEAD 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
2015 30 SEP	£372,000	£444,659	16% below HPI
2008 22 SEP	£265,000	£320,903	17% below HPI
2006 20 JAN	£245,000	£306,998	20% below HPI
2001 22 JAN	£178,000	£191,258	7% below HPI
2000 31 MAR	£156,000	£177,729	12% below HPI

8 SORREL MEAD 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 five 8 SORREL MEAD sales between March 2000 and September 2015 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 September 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 SORREL MEAD?

8 SORREL MEAD is 143m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% 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 SORREL MEAD lies on this distribution: 76% of detached houses are smaller than 8 SORREL MEAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Bicester.

8 SORREL MEAD: Plot and Title Map

8 SORREL MEAD sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 8 SORREL MEAD, 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 SORREL MEAD). 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 SORREL MEAD?

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