15, KESTREL WAY, BICESTER, OX26 6YA - £263,000

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.

15 KESTREL WAY is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £268,030. It was last sold for £263,000 in July 2022, which was around 4% below the average July 2022 terraced price in the Cherwell local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

15 KESTREL WAY Sold Prices

Land registry data shows six sales for 15 KESTREL WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. The six 15 KESTREL WAY 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
2022 15 JUL	£263,000	£273,808	4% below HPI
2018 5 DEC	£235,000	£235,160	Close to HPI
2013 17 JUL	£175,000	£183,076	4% below HPI
2006 14 SEP	£165,950	£171,894	3% below HPI
2004 13 AUG	£143,500	£150,081	4% below HPI
1998 25 SEP	£64,500	£66,024	2% below HPI

15 KESTREL WAY 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 six 15 KESTREL WAY sales between September 1998 and July 2022 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 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 KESTREL WAY be worth now?

15 KESTREL WAY might now be worth an estimated £268,030.

This is based on house price inflation of 1.9%, between July 2022 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 1.9% inflationary increase is applied to the most recent sale price for 15 KESTREL WAY of £263,000 on 15th July 2022. For the value to have increased from £263,000 to £268,030 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 15 KESTREL WAY has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The July 2022 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 15 KESTREL WAY has not materially changed since July 2022.

How Large is 15 KESTREL WAY?

15 KESTREL WAY is 54m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 15 KESTREL WAY lies on this distribution: 1% of terraced houses houses are smaller than 15 KESTREL WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

15 KESTREL WAY: Plot and Title Map

15 KESTREL WAY sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 15 KESTREL WAY, 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 15 KESTREL WAY). 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 15 KESTREL WAY?

15 KESTREL WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 15 on KESTREL WAY.