138, SPRUCE DRIVE, BICESTER, OX26 3YW - £230,000

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.

138 SPRUCE DRIVE is a small extended terraced house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £369,958. It was last sold for £230,000 in July 2011, which was around 33% above the average July 2011 terraced price in the Cherwell local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

138 SPRUCE DRIVE Sold Prices

Land registry data shows four sales for 138 SPRUCE DRIVE 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. The four 138 SPRUCE DRIVE sales were a mix of above 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
2011 29 JUL	£230,000	£173,480	33% above HPI
2006 13 APR	£226,950	£160,613	41% above HPI
2001 23 FEB	£128,995	£88,070	46% above HPI
1996 30 AUG	£51,000	£50,756	Close to HPI

138 SPRUCE DRIVE 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 138 SPRUCE DRIVE sales between August 1996 and July 2011 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 April 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2011 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 138 SPRUCE DRIVE be worth now?

138 SPRUCE DRIVE might now be worth an estimated £369,958.

This is based on house price inflation of 60.9%, between July 2011 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 60.9% inflationary increase is applied to the most recent sale price for 138 SPRUCE DRIVE of £230,000 on 29th July 2011. For the value to have increased from £230,000 to £369,958 over the fourteen years and one month to June 2025, the following assumptions must hold true:

• The value of 138 SPRUCE DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The July 2011 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 138 SPRUCE DRIVE has not materially changed since July 2011.

How Large is 138 SPRUCE DRIVE?

138 SPRUCE DRIVE is 100m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% 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 138 SPRUCE DRIVE lies on this distribution: 31% of terraced houses houses are smaller than 138 SPRUCE DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bicester.

138 SPRUCE DRIVE: Plot and Title Map

138 SPRUCE DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 138 SPRUCE 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 138 SPRUCE 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 138 SPRUCE DRIVE?

138 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 138 on SPRUCE DRIVE.