2, ELM CLOSE, BICESTER, OX26 3XR - £250,000

2 ELM CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £250,000 in December 2011, which was around 26% below the average December 2011 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

2 ELM CLOSE Sold Prices

Land registry data shows two sales for 2 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 2 ELM CLOSE 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
2011 15 DEC	£250,000	£339,846	26% below HPI
1997 31 OCT	£93,500	£129,749	28% below HPI

2 ELM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 2 ELM CLOSE sales from October 1997 and December 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 October 1997 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 ELM CLOSE?

2 ELM CLOSE is 81m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 2 ELM CLOSE lies on this distribution: 11% of detached houses are smaller than 2 ELM CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bicester.

2 ELM CLOSE: Plot and Title Map

2 ELM CLOSE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 2 ELM 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 2 ELM 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 2 ELM CLOSE?

2 ELM CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 2 on ELM CLOSE.