71, SPRUCE DRIVE, BICESTER, OX26 3YF - £227,500

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.

71 SPRUCE DRIVE is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £261,899. It was last sold for £227,500 in August 2018, which was around 6% below the average August 2018 terraced price in the Cherwell local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

71 SPRUCE DRIVE Sold Prices

Land registry data shows three sales for 71 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. Two of the three 71 SPRUCE DRIVE sales were for below the average price, whilst one was 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
2018 10 AUG	£227,500	£242,394	6% below HPI
1999 8 JUN	£63,500	£70,833	10% below HPI
1996 16 DEC	£49,500	£47,055	5% above HPI

71 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 71 SPRUCE DRIVE sales between December 1996 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 June 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 71 SPRUCE DRIVE be worth now?

71 SPRUCE DRIVE might now be worth an estimated £261,899.

This is based on house price inflation of 15.1%, between August 2018 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 15.1% inflationary increase is applied to the most recent sale price for 71 SPRUCE DRIVE of £227,500 on 10th August 2018. For the value to have increased from £227,500 to £261,899 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 71 SPRUCE DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The August 2018 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 71 SPRUCE DRIVE has not materially changed since August 2018.

How Large is 71 SPRUCE DRIVE?

71 SPRUCE DRIVE is 53m² according to the EPC inspection conducted in November 2019. 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 71 SPRUCE DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 71 SPRUCE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

71 SPRUCE DRIVE: Plot and Title Map

71 SPRUCE DRIVE sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 71 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 71 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 71 SPRUCE DRIVE?

71 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 71 on SPRUCE DRIVE.