53, REEDMACE ROAD, BICESTER, OX26 3WN - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 REEDMACE ROAD is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £415,000 in March 2024, which was around 24% below the average March 2024 detached price in the Cherwell local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

53 REEDMACE ROAD Sold Prices

Land registry data shows five sales for 53 REEDMACE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the five 53 REEDMACE ROAD 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
2024 4 MAR	£415,000	£543,145	24% below HPI
2017 30 JUN	£320,000	£476,287	33% below HPI
2007 31 AUG	£272,500	£355,536	23% below HPI
2003 10 JAN	£192,500	£271,807	29% below HPI
1999 26 MAR	£121,500	£146,298	17% below HPI

53 REEDMACE ROAD 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 five 53 REEDMACE ROAD sales between March 1999 and March 2024 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 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 53 REEDMACE ROAD?

53 REEDMACE ROAD is 85m² according to the EPC inspection conducted in September 2016. 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 53 REEDMACE ROAD lies on this distribution: 16% of detached houses are smaller than 53 REEDMACE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Bicester.

53 REEDMACE ROAD: Plot and Title Map

53 REEDMACE ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 53 REEDMACE 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 53 REEDMACE 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 53 REEDMACE ROAD?

53 REEDMACE ROAD is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 53 on REEDMACE ROAD.