THE GATE HOUSE, SOUTH LODGE, CAVERSFIELD, BICESTER, OX27 8TH - £465,000

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

THE GATE HOUSE is a midsized extended detached house of 123m², built sometime before 1900. It was last sold for £465,000 in April 2019, which was around 1% below the average April 2019 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 C.

THE GATE HOUSE Sold Prices

Land registry data shows three sales for THE GATE HOUSE since 1^st 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. One of the three THE GATE HOUSE sales was for below the average price, whilst two were for above 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
2019 18 APR	£465,000	£467,908	1% below HPI
2002 23 JUL	£245,000	£238,731	3% above HPI
1996 9 AUG	£125,000	£107,818	16% above HPI

THE GATE HOUSE 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 three THE GATE HOUSE sales between August 1996 and April 2019 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 July 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE GATE HOUSE?

THE GATE HOUSE is 123m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where THE GATE HOUSE lies on this distribution: 57% of detached houses are smaller than THE GATE HOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bicester.

THE GATE HOUSE: Plot and Title Map

THE GATE HOUSE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of THE GATE HOUSE, 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 THE GATE HOUSE). 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 THE GATE HOUSE?

THE GATE HOUSE, SOUTH LODGE is located in CAVERSFIELD, in the OX27 postcode district. The below map shows the position of THE GATE HOUSE, SOUTH LODGE in CAVERSFIELD.