38, REDCAR ROAD, BICESTER, OX26 1BS - £212,500

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.

38 REDCAR ROAD is a very small terraced house of 46m², which could now be worth an estimated £236,047. It was last sold for £212,500 in January 2022, which was around 19% below the average January 2022 terraced price in the Cherwell local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

38 REDCAR ROAD Sold Prices

Land registry data shows two sales for 38 REDCAR ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. One of the two 38 REDCAR ROAD sales was for below the average price, whilst the other was 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 28 JAN	£212,500	£260,763	19% below HPI
2018 25 JUN	£233,995	£234,376	Close to HPI

38 REDCAR ROAD 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 two 38 REDCAR ROAD sales from June 2018 and January 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 June 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 38 REDCAR ROAD be worth now?

38 REDCAR ROAD might now be worth an estimated £236,047.

This is based on house price inflation of 11.1%, between January 2022 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 11.1% inflationary increase is applied to the most recent sale price for 38 REDCAR ROAD of £212,500 on 28th January 2022. For the value to have increased from £212,500 to £236,047 over the three years and ten months to March 2026, the following assumptions must hold true:

• The value of 38 REDCAR ROAD has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The January 2022 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 38 REDCAR ROAD has not materially changed since January 2022.

How Large is 38 REDCAR ROAD?

38 REDCAR ROAD is 46m² according to the EPC inspection conducted in May 2018. 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 38 REDCAR ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 38 REDCAR ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

38 REDCAR ROAD: Plot and Title Map

38 REDCAR ROAD sits on a plot of roughly 0.011 of an acre, or 45m². The below map shows the location of 38 REDCAR 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 38 REDCAR 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 38 REDCAR ROAD?

38 REDCAR ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 38 on REDCAR ROAD.