2, NEAR SHORT PIECE, FAIRFORD, GL7 4FF - £436,000

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 NEAR SHORT PIECE is a very small detached house of 86m². It was last sold for £436,000 in June 2022, which was around 37% below the average June 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

2 NEAR SHORT PIECE Sold Prices

Land registry data shows two sales for 2 NEAR SHORT PIECE 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. Both of the two 2 NEAR SHORT PIECE 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 8 JUN	£436,000	£691,234	37% below HPI
2016 30 MAR	£350,000	£513,342	32% below HPI

2 NEAR SHORT PIECE 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 NEAR SHORT PIECE sales from March 2016 and June 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 March 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 NEAR SHORT PIECE?

2 NEAR SHORT PIECE is 86m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% 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 NEAR SHORT PIECE lies on this distribution: 10% of detached houses are smaller than 2 NEAR SHORT PIECE, and 88% of houses are larger. Note that EPC data is not available for all properties in Fairford.

2 NEAR SHORT PIECE: Plot and Title Map

2 NEAR SHORT PIECE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 NEAR SHORT PIECE, 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 NEAR SHORT PIECE). 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 NEAR SHORT PIECE?

2 NEAR SHORT PIECE is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 2 on NEAR SHORT PIECE.