15, MELMORE GARDENS, CIRENCESTER, GL7 1NR - £107,000

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

15 MELMORE GARDENS is a very small detached house of 53m², built sometime between 1930 and 1949. It was last sold for £107,000 in January 2007, which was around 72% below the average January 2007 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.

15 MELMORE GARDENS Sold Prices

Land registry data shows two sales for 15 MELMORE GARDENS 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 15 MELMORE GARDENS 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
2007 26 JAN	£107,000	£380,061	72% below HPI
1995 28 APR	£37,000	£111,556	67% below HPI

15 MELMORE GARDENS 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 15 MELMORE GARDENS sales from April 1995 and January 2007 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 April 1995 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the January 2007 sale, where it falls to 72% below the HPI. The line then continues to track at 72% below the HPI.

What might 15 MELMORE GARDENS be worth now?

15 MELMORE GARDENS might now be worth an estimated £198,344.

This is based on house price inflation of 85.4%, between January 2007 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 85.4% inflationary increase is applied to the most recent sale price for 15 MELMORE GARDENS of £107,000 on 26th January 2007. For the value to have increased from £107,000 to £198,344 over the sixteen years and one month to December 2024, the following assumptions must hold true:

• The value of 15 MELMORE GARDENS has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The January 2007 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MELMORE GARDENS has not materially changed since January 2007.

How Large is 15 MELMORE GARDENS?

15 MELMORE GARDENS is 53m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% 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 15 MELMORE GARDENS lies on this distribution: 1% of detached houses houses are smaller than 15 MELMORE GARDENS, and 99% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

15 MELMORE GARDENS: Plot and Title Map

15 MELMORE GARDENS sits on a plot of roughly 0.921 of an acre, or 3,727m². The below map shows the location of 15 MELMORE GARDENS, 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 15 MELMORE GARDENS). 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 15 MELMORE GARDENS?

15 MELMORE GARDENS is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 15 on MELMORE GARDENS.