1, ORMAND CLOSE, CIRENCESTER, GL7 1GN - £320,000

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 ORMAND CLOSE is a midsized detached house of 130m², built sometime between 2007 and 2011. It was last sold for £320,000 in April 2014, which was around 29% below the average April 2014 detached price in the Cotswold local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

1 ORMAND CLOSE Sold Prices

Land registry data shows two sales for 1 ORMAND 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 ORMAND 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
2014 15 APR	£320,000	£447,781	29% below HPI
2010 10 DEC	£319,995	£424,239	25% below HPI

1 ORMAND 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 ORMAND CLOSE sales from December 2010 and April 2014 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 December 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 ORMAND CLOSE?

1 ORMAND CLOSE is 130m² according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses by size in Cirencester, and where 1 ORMAND CLOSE lies on this distribution: 54% of detached houses are smaller than 1 ORMAND CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

1 ORMAND CLOSE: Plot and Title Map

1 ORMAND CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 1 ORMAND 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 ORMAND 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 ORMAND CLOSE?

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