4, MEREDITH CLOSE, BICESTER, OX26 2FD - £310,000

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.

4 MEREDITH CLOSE is a midsized extended terraced house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £403,543. It was last sold for £310,000 in May 2019, which was around 38% above the average May 2019 terraced price in the Cherwell local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

4 MEREDITH CLOSE Sold Prices

Land registry data shows three sales for 4 MEREDITH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the three 4 MEREDITH CLOSE sales were 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
2019 24 MAY	£310,000	£224,765	38% above HPI
2001 1 JUN	£158,000	£94,881	67% above HPI
1998 17 JUL	£112,000	£65,876	70% above HPI

4 MEREDITH CLOSE 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 three 4 MEREDITH CLOSE sales between July 1998 and May 2019 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 2001 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 MEREDITH CLOSE be worth now?

4 MEREDITH CLOSE might now be worth an estimated £403,543.

This is based on house price inflation of 30.2%, between May 2019 and April 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 30.2% inflationary increase is applied to the most recent sale price for 4 MEREDITH CLOSE of £310,000 on 24th May 2019. For the value to have increased from £310,000 to £403,543 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 4 MEREDITH CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The May 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEREDITH CLOSE has not materially changed since May 2019.

How Large is 4 MEREDITH CLOSE?

4 MEREDITH CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% 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 4 MEREDITH CLOSE lies on this distribution: 45% of terraced houses houses are smaller than 4 MEREDITH CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bicester.

4 MEREDITH CLOSE: Plot and Title Map

4 MEREDITH CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 4 MEREDITH 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 4 MEREDITH 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 4 MEREDITH CLOSE?

4 MEREDITH CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 4 on MEREDITH CLOSE.