12, ELDERFIELD ROAD, BICESTER, OX27 8UE - £315,000

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.

12 ELDERFIELD ROAD is a midsized extended semi-detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £457,539. It was last sold for £315,000 in September 2014, which was around 28% above the average September 2014 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

12 ELDERFIELD ROAD Sold Prices

Land registry data shows two sales for 12 ELDERFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. One of the two 12 ELDERFIELD ROAD sales was for above the average price, whilst the other was 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
2014 1 SEP	£315,000	£245,957	28% above HPI
1998 12 FEB	£65,950	£77,237	15% below HPI

12 ELDERFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 12 ELDERFIELD ROAD sales from February 1998 and September 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 February 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2014 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 12 ELDERFIELD ROAD be worth now?

12 ELDERFIELD ROAD might now be worth an estimated £457,539.

This is based on house price inflation of 45.3%, between September 2014 and May 2026, for semi-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 45.3% inflationary increase is applied to the most recent sale price for 12 ELDERFIELD ROAD of £315,000 on 1st September 2014. For the value to have increased from £315,000 to £457,539 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 12 ELDERFIELD ROAD has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The September 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELDERFIELD ROAD has not materially changed since September 2014.

How Large is 12 ELDERFIELD ROAD?

12 ELDERFIELD ROAD is 120m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of semi-detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicester, and where 12 ELDERFIELD ROAD lies on this distribution: 53% of semi-detached houses houses are smaller than 12 ELDERFIELD ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Bicester.

12 ELDERFIELD ROAD: Plot and Title Map

12 ELDERFIELD ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 12 ELDERFIELD ROAD, 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 12 ELDERFIELD ROAD). 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 12 ELDERFIELD ROAD?

12 ELDERFIELD ROAD is located in BICESTER, in the OX27 postcode district. The below map shows the position of No. 12 on ELDERFIELD ROAD.