2, MILKING PATH WAY, FAIRFORD, GL7 4FR - £605,000

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.

2 MILKING PATH WAY is a small detached house of 111m², which could now be worth an estimated £586,865. It was last sold for £605,000 in May 2024, which was around 15% below the average May 2024 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

2 MILKING PATH WAY Sold Prices

Land registry data shows four sales for 2 MILKING PATH WAY 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 2 MILKING PATH WAY 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
2024 3 MAY	£605,000	£715,042	15% below HPI
2019 13 AUG	£460,000	£578,840	21% below HPI
2016 10 JUN	£434,250	£475,694	9% below HPI
2015 31 MAR	£360,000	£457,925	21% below HPI

2 MILKING PATH WAY 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 2 MILKING PATH WAY sales between March 2015 and May 2024 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 August 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 MILKING PATH WAY be worth now?

2 MILKING PATH WAY might now be worth an estimated £586,865.

This is based on house price deflation of 3%, between May 2024 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 3% deflationary decrease is applied to the most recent sale price for 2 MILKING PATH WAY of £605,000 on 3rd May 2024. For the value to have decreased from £605,000 to £586,865 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 2 MILKING PATH WAY has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The May 2024 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILKING PATH WAY has not materially changed since May 2024.

How Large is 2 MILKING PATH WAY?

2 MILKING PATH WAY is 111m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairford, and where 2 MILKING PATH WAY lies on this distribution: 29% of detached houses houses are smaller than 2 MILKING PATH WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Fairford.

2 MILKING PATH WAY: Plot and Title Map

2 MILKING PATH WAY sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 2 MILKING PATH WAY, 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 2 MILKING PATH WAY). 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 2 MILKING PATH WAY?

2 MILKING PATH WAY is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 2 on MILKING PATH WAY.