16, MAY TREE CLOSE, COATES, CIRENCESTER, GL7 6NQ - £485,000

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

16 MAY TREE CLOSE is a very small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £485,000 in July 2022, which was around 31% below the average July 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

16 MAY TREE CLOSE Sold Prices

Land registry data shows three sales for 16 MAY TREE 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 16 MAY TREE 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
2022 26 JUL	£485,000	£707,649	31% below HPI
2017 16 NOV	£382,500	£562,114	32% below HPI
2014 17 APR	£295,000	£447,781	34% below HPI

16 MAY TREE 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 16 MAY TREE CLOSE sales between April 2014 and July 2022 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 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 16 MAY TREE CLOSE?

16 MAY TREE CLOSE is 96m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Coates, based on EPC data. The below chart shows the distribution of detached houses by size in Coates, and where 16 MAY TREE CLOSE lies on this distribution: 8% of detached houses are smaller than 16 MAY TREE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Coates.

16 MAY TREE CLOSE: Plot and Title Map

16 MAY TREE CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 16 MAY TREE 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 16 MAY TREE 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 16 MAY TREE CLOSE?

16 MAY TREE CLOSE is located in COATES, in the GL7 postcode district. The below map shows the position of No. 16 on MAY TREE CLOSE.