74, OAK WAY, SOUTH CERNEY, CIRENCESTER, GL7 5XX - £280,000

74 OAK WAY is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £280,000 in September 2016, which was around 46% below the average September 2016 detached price in the Cotswold local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

74 OAK WAY Sold Prices

Land registry data shows two sales for 74 OAK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 74 OAK WAY 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
2016 2 SEP	£280,000	£517,320	46% below HPI
1999 17 FEB	£133,500	£170,796	22% below HPI

74 OAK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 74 OAK WAY sales from February 1999 and September 2016 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 74 OAK WAY?

74 OAK WAY is 89m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in South Cerney, based on EPC data. The below chart shows the distribution of detached houses by size in South Cerney, and where 74 OAK WAY lies on this distribution: 11% of detached houses are smaller than 74 OAK WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

74 OAK WAY: Plot and Title Map

74 OAK WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 74 OAK WAY, 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 74 OAK WAY). 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 74 OAK WAY?

74 OAK WAY is located in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of No. 74 on OAK WAY.