38, REDWING CLOSE, BICESTER, OX26 6SR - £193,000

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.

38 REDWING CLOSE is a very small semi-detached house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £307,349. It was last sold for £193,000 in December 2007, which was around 12% below the average December 2007 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

38 REDWING CLOSE Sold Prices

Land registry data shows two sales for 38 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. One of the two 38 REDWING CLOSE sales was for below the average price, whilst the other was for above 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
2007 14 DEC	£193,000	£218,632	12% below HPI
1996 23 FEB	£58,995	£57,762	2% above HPI

38 REDWING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 38 REDWING CLOSE sales from February 1996 and December 2007 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 February 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2007 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 REDWING CLOSE be worth now?

38 REDWING CLOSE might now be worth an estimated £307,349.

This is based on house price inflation of 59.2%, between December 2007 and February 2025, for semi-detached 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 59.2% inflationary increase is applied to the most recent sale price for 38 REDWING CLOSE of £193,000 on 14th December 2007. For the value to have increased from £193,000 to £307,349 over the eighteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 REDWING CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The December 2007 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 38 REDWING CLOSE has not materially changed since December 2007.

How Large is 38 REDWING CLOSE?

38 REDWING CLOSE is 54m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of semi-detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bicester, and where 38 REDWING CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 38 REDWING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

38 REDWING CLOSE: Plot and Title Map

38 REDWING CLOSE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 38 REDWING 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 38 REDWING 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 38 REDWING CLOSE?

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