15, THE AVENUE, CIRENCESTER, GL7 1EJ - £300,000

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

15 THE AVENUE is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £300,000 in November 2019, which was around 47% below the average November 2019 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

15 THE AVENUE Sold Prices

Land registry data shows four sales for 15 THE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the four 15 THE AVENUE 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
2019 7 NOV	£300,000	£569,892	47% below HPI
2009 27 NOV	£295,000	£393,173	25% below HPI
1998 9 DEC	£152,000	£175,268	13% below HPI
1995 27 JUL	£91,000	£122,272	26% below HPI

15 THE AVENUE 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 four 15 THE AVENUE sales between July 1995 and November 2019 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 November 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 15 THE AVENUE?

15 THE AVENUE is 86m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses by size in Cirencester, and where 15 THE AVENUE lies on this distribution: 13% of detached houses are smaller than 15 THE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

15 THE AVENUE: Plot and Title Map

15 THE AVENUE sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of 15 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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