20, MILLENNIUM WAY, CIRENCESTER, GL7 1FJ - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 MILLENNIUM WAY is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £235,000 in May 2006, which was around 36% below the average May 2006 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

20 MILLENNIUM WAY Sold Prices

Land registry data shows three sales for 20 MILLENNIUM WAY 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 20 MILLENNIUM 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
2006 23 MAY	£235,000	£368,420	36% below HPI
2004 27 MAY	£227,000	£339,371	33% below HPI
2001 25 JAN	£145,000	£217,381	33% below HPI

20 MILLENNIUM 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 three 20 MILLENNIUM WAY sales between January 2001 and May 2006 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 May 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2006 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 20 MILLENNIUM WAY be worth now?

20 MILLENNIUM WAY might now be worth an estimated £449,380.

This is based on house price inflation of 91.2%, between May 2006 and December 2024, 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 91.2% inflationary increase is applied to the most recent sale price for 20 MILLENNIUM WAY of £235,000 on 23rd May 2006. For the value to have increased from £235,000 to £449,380 over the seventeen years and five months to December 2024, the following assumptions must hold true:

• The value of 20 MILLENNIUM WAY has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The May 2006 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MILLENNIUM WAY has not materially changed since May 2006.

How Large is 20 MILLENNIUM WAY?

20 MILLENNIUM WAY is 84m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cirencester, and where 20 MILLENNIUM WAY lies on this distribution: 11% of detached houses houses are smaller than 20 MILLENNIUM WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

20 MILLENNIUM WAY: Plot and Title Map

20 MILLENNIUM WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 20 MILLENNIUM 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 20 MILLENNIUM 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 20 MILLENNIUM WAY?

20 MILLENNIUM WAY is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 20 on MILLENNIUM WAY.