56, SPRUCE DRIVE, BICESTER, OX26 3YN - £174,250

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.

56 SPRUCE DRIVE is a very small terraced house of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £233,668. It was last sold for £174,250 in September 2014, which was around 16% below the average September 2014 terraced price in the Cherwell local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was A.

56 SPRUCE DRIVE Sold Prices

Land registry data shows three sales for 56 SPRUCE DRIVE 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 56 SPRUCE 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
2014 9 SEP	£174,250	£208,088	16% below HPI
2006 11 JUL	£137,000	£166,374	18% below HPI
2003 9 OCT	£115,500	£129,363	11% below HPI

56 SPRUCE DRIVE 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 56 SPRUCE DRIVE sales between October 2003 and September 2014 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 56 SPRUCE DRIVE be worth now?

56 SPRUCE DRIVE might now be worth an estimated £233,668.

This is based on house price inflation of 34.1%, between September 2014 and June 2025, 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 34.1% inflationary increase is applied to the most recent sale price for 56 SPRUCE DRIVE of £174,250 on 9th September 2014. For the value to have increased from £174,250 to £233,668 over the eleven years and three months to June 2025, the following assumptions must hold true:

• The value of 56 SPRUCE DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The September 2014 sale price of £174,250 represented a fair market value for the property.
• The size, condition, and specification of 56 SPRUCE DRIVE has not materially changed since September 2014.

How Large is 56 SPRUCE DRIVE?

56 SPRUCE DRIVE is 42m² according to the EPC inspection conducted in March 2014. 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 56 SPRUCE DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 56 SPRUCE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

56 SPRUCE DRIVE: Plot and Title Map

56 SPRUCE DRIVE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 56 SPRUCE 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 56 SPRUCE 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 56 SPRUCE DRIVE?

56 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 56 on SPRUCE DRIVE.