1, SPENCER CLOSE, BICESTER, OX26 2FA - £405,000

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.

1 SPENCER CLOSE is a very large extended terraced house of 161m², built sometime between 1967 and 1975, which could now be worth an estimated £547,036. It was last sold for £405,000 in December 2014, which was around 96% above the average December 2014 terraced price in the Cherwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

1 SPENCER CLOSE Sold Prices

Land registry data shows four sales for 1 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the four 1 SPENCER CLOSE sales 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
2014 19 DEC	£405,000	£206,592	96% above HPI
2009 1 MAY	£290,000	£155,392	87% above HPI
1997 3 SEP	£126,000	£60,368	109% above HPI
1996 12 MAR	£108,000	£48,304	124% above HPI

1 SPENCER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cherwell local authority area over time, sourced from the HPI. The four 1 SPENCER CLOSE sales between March 1996 and December 2014 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 May 2009 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the December 2014 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might 1 SPENCER CLOSE be worth now?

1 SPENCER CLOSE might now be worth an estimated £547,036.

This is based on house price inflation of 35.1%, between December 2014 and June 2025, for terraced 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 35.1% inflationary increase is applied to the most recent sale price for 1 SPENCER CLOSE of £405,000 on 19th December 2014. For the value to have increased from £405,000 to £547,036 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 1 SPENCER CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The December 2014 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPENCER CLOSE has not materially changed since December 2014.

How Large is 1 SPENCER CLOSE?

1 SPENCER CLOSE is 161m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of terraced houses houses in Bicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bicester, and where 1 SPENCER CLOSE lies on this distribution: 86% of terraced houses houses are smaller than 1 SPENCER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bicester.

1 SPENCER CLOSE: Plot and Title Map

1 SPENCER CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 1 SPENCER CLOSE, 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 SPENCER CLOSE). 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 SPENCER CLOSE?

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