1, HERON DRIVE, BICESTER, OX26 6YJ - £295,000

1 HERON DRIVE is a very small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £295,000 in March 2015, which was around 30% below the average March 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

1 HERON DRIVE Sold Prices

Land registry data shows three sales for 1 HERON DRIVE 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. All of the three 1 HERON DRIVE 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 27 MAR	£295,000	£420,464	30% below HPI
2006 30 JUN	£215,000	£316,545	32% below HPI
1999 23 APR	£112,500	£145,868	23% below HPI

1 HERON DRIVE 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 1 HERON DRIVE sales between April 1999 and March 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 June 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 HERON DRIVE?

1 HERON DRIVE is 80m², which includes two extensions, according to the EPC inspection conducted in November 2014. 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 1 HERON DRIVE lies on this distribution: 10% of detached houses are smaller than 1 HERON DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicester.

1 HERON DRIVE: Plot and Title Map

1 HERON DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1 HERON DRIVE, 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 HERON DRIVE). 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 HERON DRIVE?

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