7, PRICE CLOSE, BICESTER, OX26 4JH - £590,000

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 PRICE CLOSE is a midsized extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £625,158. It was last sold for £590,000 in June 2022, which was around 13% above the average June 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2023, where the current energy rating was A, and the potential energy rating was A.

7 PRICE CLOSE Sold Prices

Land registry data shows four sales for 7 PRICE CLOSE 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. Most of the four 7 PRICE 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
2022 7 JUN	£590,000	£524,255	13% above HPI
2019 28 AUG	£480,000	£461,628	4% above HPI
2003 12 DEC	£265,000	£272,773	3% below HPI
1999 27 AUG	£176,950	£155,369	14% above HPI

7 PRICE 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 four 7 PRICE CLOSE sales between August 1999 and June 2022 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 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 PRICE CLOSE be worth now?

7 PRICE CLOSE might now be worth an estimated £625,158.

This is based on house price inflation of 6%, between June 2022 and June 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 6% inflationary increase is applied to the most recent sale price for 7 PRICE CLOSE of £590,000 on 7th June 2022. For the value to have increased from £590,000 to £625,158 over the three years to June 2025, the following assumptions must hold true:

• The value of 7 PRICE CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The June 2022 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PRICE CLOSE has not materially changed since June 2022.

How Large is 7 PRICE CLOSE?

7 PRICE CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicester, and where 7 PRICE CLOSE lies on this distribution: 51% of detached houses houses are smaller than 7 PRICE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 PRICE CLOSE: Plot and Title Map

7 PRICE CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 7 PRICE 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 PRICE 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 PRICE CLOSE?

7 PRICE CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 7 on PRICE CLOSE.