1, LAMBE CLOSE, FAIRFORD, GL7 4FL - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAMBE CLOSE is a small extended detached house of 118m², built sometime from 2012 onwards. It was last sold for £460,000 in November 2021, which was around 33% below the average November 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

1 LAMBE CLOSE Sold Prices

Land registry data shows two sales for 1 LAMBE CLOSE 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 1 LAMBE CLOSE 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
2021 9 NOV	£460,000	£684,978	33% below HPI
2014 10 FEB	£267,000	£435,230	39% below HPI

1 LAMBE CLOSE 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 1 LAMBE CLOSE sales from February 2014 and November 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 February 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 LAMBE CLOSE?

1 LAMBE CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses by size in Fairford, and where 1 LAMBE CLOSE lies on this distribution: 38% of detached houses are smaller than 1 LAMBE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Fairford.

1 LAMBE CLOSE: Plot and Title Map

1 LAMBE CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 1 LAMBE 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 1 LAMBE 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 1 LAMBE CLOSE?

1 LAMBE CLOSE is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 1 on LAMBE CLOSE.