2, MORECOMBE WAY, FAIRFORD, GL7 4GG - £600,000

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

2 MORECOMBE WAY is a large detached house of 158m². It was last sold for £600,000 in June 2021, which was around 1% below the average June 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

2 MORECOMBE WAY Sold Prices

Land registry data shows two sales for 2 MORECOMBE WAY 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. One of the two 2 MORECOMBE WAY sales was for below the average price, whilst the other was for above 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
2021 25 JUN	£600,000	£608,319	1% below HPI
2017 22 DEC	£580,000	£549,344	6% above HPI

2 MORECOMBE 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 two 2 MORECOMBE WAY sales from December 2017 and June 2021 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 December 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 MORECOMBE WAY?

2 MORECOMBE WAY is 158m² according to the EPC inspection conducted in December 2017. This puts it in the largest 30% of detached houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses by size in Fairford, and where 2 MORECOMBE WAY lies on this distribution: 74% of detached houses are smaller than 2 MORECOMBE WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Fairford.

2 MORECOMBE WAY: Plot and Title Map

2 MORECOMBE WAY sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 2 MORECOMBE 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 MORECOMBE 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 MORECOMBE WAY?

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