7, SEVERN CLOSE, BICESTER, OX26 2NN - £475,000

7 SEVERN CLOSE is a large extended detached house of 144m², built sometime between 1976 and 1982. It was last sold for £475,000 in January 2022, which was around 10% below the average January 2022 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

7 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 7 SEVERN 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 SEVERN CLOSE 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
2022 31 JAN	£475,000	£527,535	10% below HPI
1996 23 AUG	£92,000	£107,818	15% below HPI

7 SEVERN 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 SEVERN CLOSE sales from August 1996 and January 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 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 SEVERN CLOSE?

7 SEVERN CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 7 SEVERN CLOSE lies on this distribution: 76% of detached houses are smaller than 7 SEVERN CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 SEVERN CLOSE: Plot and Title Map

7 SEVERN CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 7 SEVERN 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 SEVERN 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 SEVERN CLOSE?

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