CONCORD, WENDLEBURY, BICESTER, OX25 2PJ - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CONCORD is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £444,521. It was last sold for £360,000 in April 2016, which was around 22% 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 E, and the potential energy rating was B.

CONCORD Sold Prices

Land registry data shows two sales for CONCORD 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 CONCORD 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 21 APR	£360,000	£460,851	22% below HPI
1999 20 SEP	£112,500	£160,660	30% below HPI

CONCORD 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 CONCORD sales from September 1999 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 September 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might CONCORD be worth now?

CONCORD might now be worth an estimated £444,521.

This is based on house price inflation of 23.5%, between April 2016 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for CONCORD of £360,000 on 21st April 2016. For the value to have increased from £360,000 to £444,521 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of CONCORD has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The April 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of CONCORD has not materially changed since April 2016.

How Large is CONCORD?

CONCORD is 63m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses houses in Wendlebury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wendlebury, and where CONCORD lies on this distribution: Less than 1% of detached houses houses are smaller than CONCORD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wendlebury.

CONCORD: Plot and Title Map

CONCORD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of CONCORD, 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 CONCORD). 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 CONCORD?

CONCORD is located in WENDLEBURY, in the OX25 postcode district. The below map shows the position of CONCORD in WENDLEBURY.