42, SHEARWATER DRIVE, BICESTER, OX26 6YS - £495,000

42 SHEARWATER DRIVE is a small detached house of 102m², built sometime between 1983 and 1990. It was last sold for £495,000 in February 2023, which was around 13% below the average February 2023 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

42 SHEARWATER DRIVE Sold Prices

Land registry data shows four sales for 42 SHEARWATER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four 42 SHEARWATER 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
2023 15 FEB	£495,000	£571,432	13% below HPI
2012 20 JUL	£317,500	£344,544	8% below HPI
2002 6 DEC	£200,000	£267,134	25% below HPI
1997 31 JAN	£95,000	£102,904	8% below HPI

42 SHEARWATER DRIVE 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 four 42 SHEARWATER DRIVE sales between January 1997 and February 2023 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 July 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 42 SHEARWATER DRIVE?

42 SHEARWATER DRIVE is 102m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 42 SHEARWATER DRIVE lies on this distribution: 33% of detached houses are smaller than 42 SHEARWATER DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bicester.

42 SHEARWATER DRIVE: Plot and Title Map

42 SHEARWATER DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 42 SHEARWATER 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 42 SHEARWATER 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 42 SHEARWATER DRIVE?

42 SHEARWATER DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 42 on SHEARWATER DRIVE.