16, THESSALY ROAD, CIRENCESTER, GL7 2NG - £267,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 THESSALY ROAD is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £364,480. It was last sold for £267,000 in October 2016, which was around 47% below the average October 2016 detached price in the Cotswold local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was C.

16 THESSALY ROAD Sold Prices

Land registry data shows four sales for 16 THESSALY ROAD 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 16 THESSALY ROAD 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
2016 7 OCT	£267,000	£508,103	47% below HPI
2010 19 APR	£185,000	£394,385	53% below HPI
2001 16 MAR	£110,000	£214,670	49% below HPI
1999 19 FEB	£85,000	£166,872	49% below HPI

16 THESSALY ROAD 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 16 THESSALY ROAD sales between February 1999 and October 2016 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 2010 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2016 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 16 THESSALY ROAD be worth now?

16 THESSALY ROAD might now be worth an estimated £364,480.

This is based on house price inflation of 36.5%, between October 2016 and February 2025, 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 36.5% inflationary increase is applied to the most recent sale price for 16 THESSALY ROAD of £267,000 on 7th October 2016. For the value to have increased from £267,000 to £364,480 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 THESSALY ROAD has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The October 2016 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THESSALY ROAD has not materially changed since October 2016.

How Large is 16 THESSALY ROAD?

16 THESSALY ROAD is 70m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 10% of detached houses houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stratton, and where 16 THESSALY ROAD lies on this distribution: 3% of detached houses houses are smaller than 16 THESSALY ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Stratton.

16 THESSALY ROAD: Plot and Title Map

16 THESSALY ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 16 THESSALY ROAD, 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 THESSALY ROAD). 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 THESSALY ROAD?

16 THESSALY ROAD is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 16 on THESSALY ROAD.