10, REEVES CLOSE, CIRENCESTER, GL7 1QR - £328,500

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

10 REEVES CLOSE is a very small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £328,500 in August 2023, which was around 54% below the average August 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

10 REEVES CLOSE Sold Prices

Land registry data shows three sales for 10 REEVES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three 10 REEVES 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
2023 14 AUG	£328,500	£720,750	54% below HPI
2007 6 JUN	£215,000	£390,858	45% below HPI
2000 27 OCT	£92,500	£225,737	59% below HPI

10 REEVES 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 three 10 REEVES CLOSE sales between October 2000 and August 2023 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 June 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 10 REEVES CLOSE be worth now?

10 REEVES CLOSE might now be worth an estimated £321,100.

This is based on house price deflation of 2.3%, between August 2023 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 2.3% deflationary decrease is applied to the most recent sale price for 10 REEVES CLOSE of £328,500 on 14th August 2023. For the value to have decreased from £328,500 to £321,100 over the eight months to December 2024, the following assumptions must hold true:

• The value of 10 REEVES CLOSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The August 2023 sale price of £328,500 represented a fair market value for the property.
• The size, condition, and specification of 10 REEVES CLOSE has not materially changed since August 2023.

How Large is 10 REEVES CLOSE?

10 REEVES CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% 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 10 REEVES CLOSE lies on this distribution: 14% of detached houses houses are smaller than 10 REEVES CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

10 REEVES CLOSE: Plot and Title Map

10 REEVES CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 10 REEVES 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 10 REEVES 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 10 REEVES CLOSE?

10 REEVES CLOSE is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 10 on REEVES CLOSE.