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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 27% 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	£437,494	27% below HPI
2010 10 DEC	£319,995	£414,493	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 ORMAND CLOSE be worth now?

1 ORMAND CLOSE might now be worth an estimated £515,308.

This is based on house price inflation of 61%, between April 2014 and December 2024, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61% inflationary increase is applied to the most recent sale price for 1 ORMAND CLOSE of £320,000 on 15th April 2014. For the value to have increased from £320,000 to £515,308 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 1 ORMAND CLOSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The April 2014 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ORMAND CLOSE has not materially changed since April 2014.

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 houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cirencester, and where 1 ORMAND CLOSE lies on this distribution: 54% of detached houses houses are smaller than 1 ORMAND CLOSE, and 46% 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.