83, SPRUCE DRIVE, BICESTER, OX26 3YF - £240,000

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.

83 SPRUCE DRIVE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £285,741. It was last sold for £240,000 in June 2018, which was around 2% above the average June 2018 terraced price in the Cherwell local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

83 SPRUCE DRIVE Sold Prices

Land registry data shows two sales for 83 SPRUCE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cherwell local authority area for the corresponding sale date. One of the two 83 SPRUCE DRIVE sales was for above the average price, whilst the other was 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 22 JUN	£240,000	£234,376	2% above HPI
2012 27 SEP	£146,250	£180,240	19% below HPI

83 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 two 83 SPRUCE DRIVE sales from September 2012 and June 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 September 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 83 SPRUCE DRIVE be worth now?

83 SPRUCE DRIVE might now be worth an estimated £285,741.

This is based on house price inflation of 19.1%, between June 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 19.1% inflationary increase is applied to the most recent sale price for 83 SPRUCE DRIVE of £240,000 on 22nd June 2018. For the value to have increased from £240,000 to £285,741 over the seven years to June 2025, the following assumptions must hold true:

• The value of 83 SPRUCE DRIVE has moved in line with the HPI for terraced houses in the Cherwell local authority area.
• The June 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 83 SPRUCE DRIVE has not materially changed since June 2018.

How Large is 83 SPRUCE DRIVE?

83 SPRUCE DRIVE is 54m² according to the EPC inspection conducted in February 2022. 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 83 SPRUCE DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 83 SPRUCE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bicester.

83 SPRUCE DRIVE: Plot and Title Map

83 SPRUCE DRIVE sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 83 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 83 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 83 SPRUCE DRIVE?

83 SPRUCE DRIVE is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 83 on SPRUCE DRIVE.