1, DRAYMANS CROFT, BICESTER, OX26 6EA - £397,500

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.

1 DRAYMANS CROFT is a very small detached house of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £516,359. It was last sold for £397,500 in November 2015, which was around 11% below the average November 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

1 DRAYMANS CROFT Sold Prices

Land registry data shows four sales for 1 DRAYMANS CROFT 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. The four 1 DRAYMANS CROFT sales were a mix of below the average price, and roughly equal to 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 16 NOV	£397,500	£445,639	11% below HPI
2011 1 DEC	£290,000	£334,909	13% below HPI
2001 22 JUN	£180,000	£204,720	12% below HPI
1997 18 FEB	£106,000	£106,272	Close to HPI

1 DRAYMANS CROFT 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 1 DRAYMANS CROFT sales between February 1997 and November 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 December 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 DRAYMANS CROFT be worth now?

1 DRAYMANS CROFT might now be worth an estimated £516,359.

This is based on house price inflation of 29.9%, between November 2015 and May 2026, 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 29.9% inflationary increase is applied to the most recent sale price for 1 DRAYMANS CROFT of £397,500 on 16th November 2015. For the value to have increased from £397,500 to £516,359 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 1 DRAYMANS CROFT has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The November 2015 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DRAYMANS CROFT has not materially changed since November 2015.

How Large is 1 DRAYMANS CROFT?

1 DRAYMANS CROFT is 48m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 1 DRAYMANS CROFT lies on this distribution: Less than 1% of detached houses houses are smaller than 1 DRAYMANS CROFT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

1 DRAYMANS CROFT: Plot and Title Map

1 DRAYMANS CROFT sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 1 DRAYMANS CROFT, 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 1 DRAYMANS CROFT). 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 1 DRAYMANS CROFT?

1 DRAYMANS CROFT is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 1 on DRAYMANS CROFT.