8, SHELLEY CLOSE, BICESTER, OX26 2YZ - £418,500

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.

8 SHELLEY CLOSE is a midsized extended terraced house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £499,081. It was last sold for £418,500 in February 2021, which was around 70% above the average February 2021 terraced price in the Cherwell local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

8 SHELLEY CLOSE Sold Prices

Land registry data shows three sales for 8 SHELLEY CLOSE 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. All of the three 8 SHELLEY 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
2021 24 FEB	£418,500	£246,320	70% above HPI
2007 10 AUG	£250,000	£184,946	35% above HPI
2005 26 AUG	£220,000	£156,316	41% above HPI

8 SHELLEY CLOSE 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 8 SHELLEY CLOSE sales between August 2005 and February 2021 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 2007 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 8 SHELLEY CLOSE be worth now?

8 SHELLEY CLOSE might now be worth an estimated £499,081.

This is based on house price inflation of 19.3%, between February 2021 and August 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 19.3% inflationary increase is applied to the most recent sale price for 8 SHELLEY CLOSE of £418,500 on 24th February 2021. For the value to have increased from £418,500 to £499,081 over the three years and six months to August 2025, the following assumptions must hold true:

• The value of 8 SHELLEY CLOSE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The February 2021 sale price of £418,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SHELLEY CLOSE has not materially changed since February 2021.

How Large is 8 SHELLEY CLOSE?

8 SHELLEY CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% 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 8 SHELLEY CLOSE lies on this distribution: 51% of terraced houses houses are smaller than 8 SHELLEY CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bicester.

8 SHELLEY CLOSE: Plot and Title Map

8 SHELLEY CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 SHELLEY 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 8 SHELLEY 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 8 SHELLEY CLOSE?

8 SHELLEY CLOSE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 8 on SHELLEY CLOSE.