7, VERVAIN CLOSE, BICESTER, OX26 3SQ - £290,000

7 VERVAIN CLOSE is a very small extended semi-detached house of 74m², built sometime between 1991 and 1995. It was last sold for £290,000 in August 2018, which was around 41% below the average August 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

7 VERVAIN CLOSE Sold Prices

Land registry data shows four sales for 7 VERVAIN 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. All of the four 7 VERVAIN 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
2018 15 AUG	£290,000	£491,292	41% below HPI
2018 13 JUL	£285,000	£486,836	41% below HPI
2015 11 AUG	£271,000	£443,249	39% below HPI
2001 4 OCT	£136,500	£209,573	35% below HPI

7 VERVAIN 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 VERVAIN CLOSE sales between October 2001 and August 2018 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 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2018 sale, which was also at 41% below the HPI.

How Large is 7 VERVAIN CLOSE?

7 VERVAIN CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 VERVAIN CLOSE lies on this distribution: 7% of detached houses are smaller than 7 VERVAIN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 VERVAIN CLOSE: Plot and Title Map

7 VERVAIN CLOSE sits on a plot of roughly 0.038 of an acre, or 156m². The below map shows the location of 7 VERVAIN 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 VERVAIN 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 VERVAIN CLOSE?

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