16, WILLOW DRIVE, BICESTER, OX26 3XA - £170,000

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.

16 WILLOW DRIVE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £257,389. It was last sold for £170,000 in February 2014, which was around 11% below the average February 2014 terraced price in the Cherwell local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

16 WILLOW DRIVE Sold Prices

Land registry data shows four sales for 16 WILLOW 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. Most of the four 16 WILLOW 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
2014 6 FEB	£170,000	£191,313	11% below HPI
2005 14 APR	£132,500	£151,854	13% below HPI
2001 2 FEB	£84,000	£88,070	5% below HPI
1997 24 JAN	£50,000	£48,427	3% above HPI

16 WILLOW 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 16 WILLOW DRIVE sales between January 1997 and February 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 April 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 WILLOW DRIVE be worth now?

16 WILLOW DRIVE might now be worth an estimated £257,389.

This is based on house price inflation of 51.4%, between February 2014 and March 2026, 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 51.4% inflationary increase is applied to the most recent sale price for 16 WILLOW DRIVE of £170,000 on 6th February 2014. For the value to have increased from £170,000 to £257,389 over the eleven years and eleven months to March 2026, the following assumptions must hold true:

• The value of 16 WILLOW DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The February 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WILLOW DRIVE has not materially changed since February 2014.

How Large is 16 WILLOW DRIVE?

16 WILLOW DRIVE is 54m² according to the EPC inspection conducted in August 2009. 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 16 WILLOW DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 16 WILLOW DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

16 WILLOW DRIVE: Plot and Title Map

16 WILLOW DRIVE sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 16 WILLOW 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 16 WILLOW 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 16 WILLOW DRIVE?

16 WILLOW DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 16 on WILLOW DRIVE.