79, SPRUCE DRIVE, BICESTER, OX26 3YF - £185,000

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.

79 SPRUCE DRIVE is a very small terraced house of 42m², built sometime between 1991 and 1995, which could now be worth an estimated £216,596. It was last sold for £185,000 in July 2020, which was around 22% below the average July 2020 terraced price in the Cherwell local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was A.

79 SPRUCE DRIVE Sold Prices

Land registry data shows four sales for 79 SPRUCE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. All of the four 79 SPRUCE DRIVE 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
2020 20 JUL	£185,000	£238,339	22% below HPI
2004 6 FEB	£109,500	£135,026	19% below HPI
2001 30 MAR	£70,000	£88,099	21% below HPI
1998 21 OCT	£49,950	£66,471	25% below HPI

79 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 four 79 SPRUCE DRIVE sales between October 1998 and July 2020 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 February 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 79 SPRUCE DRIVE be worth now?

79 SPRUCE DRIVE might now be worth an estimated £216,596.

This is based on house price inflation of 17.1%, between July 2020 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 17.1% inflationary increase is applied to the most recent sale price for 79 SPRUCE DRIVE of £185,000 on 20th July 2020. For the value to have increased from £185,000 to £216,596 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 79 SPRUCE DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The July 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 79 SPRUCE DRIVE has not materially changed since July 2020.

How Large is 79 SPRUCE DRIVE?

79 SPRUCE DRIVE is 42m² according to the EPC inspection conducted in July 2012. 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 79 SPRUCE DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 79 SPRUCE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

79 SPRUCE DRIVE: Plot and Title Map

79 SPRUCE DRIVE sits on a plot of roughly 0.010 of an acre, or 39m². The below map shows the location of 79 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 79 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 79 SPRUCE DRIVE?

79 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 79 on SPRUCE DRIVE.