7, ELM TREE CLOSE, BLACKTHORN, BICESTER, OX25 1TS - £705,000

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.

7 ELM TREE CLOSE is a very large extended detached house of 306m², built sometime between 2003 and 2006, which could now be worth an estimated £1,214,888. It was last sold for £705,000 in May 2007, which was around 113% above the average May 2007 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

7 ELM TREE CLOSE Sold Prices

Land registry data shows two sales for 7 ELM TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 7 ELM TREE 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
2007 31 MAY	£705,000	£330,220	113% above HPI
2004 27 AUG	£545,000	£295,980	84% above HPI

7 ELM TREE CLOSE 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 two 7 ELM TREE CLOSE sales from August 2004 and May 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 August 2004 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the May 2007 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might 7 ELM TREE CLOSE be worth now?

7 ELM TREE CLOSE might now be worth an estimated £1,214,888.

This is based on house price inflation of 72.3%, between May 2007 and February 2025, for 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 72.3% inflationary increase is applied to the most recent sale price for 7 ELM TREE CLOSE of £705,000 on 31st May 2007. For the value to have increased from £705,000 to £1,214,888 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 7 ELM TREE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The May 2007 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELM TREE CLOSE has not materially changed since May 2007.

How Large is 7 ELM TREE CLOSE?

7 ELM TREE CLOSE is 306m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses houses in Blackthorn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackthorn, and where 7 ELM TREE CLOSE lies on this distribution: 93% of detached houses houses are smaller than 7 ELM TREE CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Blackthorn.

7 ELM TREE CLOSE: Plot and Title Map

7 ELM TREE CLOSE sits on a plot of roughly 0.336 of an acre, or 1,361m². The below map shows the location of 7 ELM TREE 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 7 ELM TREE 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 7 ELM TREE CLOSE?

7 ELM TREE CLOSE is located in BLACKTHORN, in the OX25 postcode district. The below map shows the position of No. 7 on ELM TREE CLOSE.