22, MAY TREE CLOSE, COATES, CIRENCESTER, GL7 6NQ - £540,000

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

22 MAY TREE CLOSE is a small extended detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £548,428. It was last sold for £540,000 in July 2024, which was around 22% below the average July 2024 detached price in the Cotswold local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

22 MAY TREE CLOSE Sold Prices

Land registry data shows two sales for 22 MAY TREE CLOSE 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 22 MAY TREE CLOSE 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 17 JUL	£540,000	£693,686	22% below HPI
2020 12 NOV	£392,500	£611,846	36% below HPI

22 MAY TREE CLOSE 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 22 MAY TREE CLOSE sales from November 2020 and July 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 November 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 22 MAY TREE CLOSE be worth now?

22 MAY TREE CLOSE might now be worth an estimated £548,428.

This is based on house price inflation of 1.6%, between July 2024 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 1.6% inflationary increase is applied to the most recent sale price for 22 MAY TREE CLOSE of £540,000 on 17th July 2024. For the value to have increased from £540,000 to £548,428 over the seven months to December 2024, the following assumptions must hold true:

• The value of 22 MAY TREE CLOSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The July 2024 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MAY TREE CLOSE has not materially changed since July 2024.

How Large is 22 MAY TREE CLOSE?

22 MAY TREE CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses houses in Coates, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coates, and where 22 MAY TREE CLOSE lies on this distribution: 32% of detached houses houses are smaller than 22 MAY TREE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Coates.

22 MAY TREE CLOSE: Plot and Title Map

22 MAY TREE CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 22 MAY TREE CLOSE, 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 22 MAY TREE CLOSE). 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 22 MAY TREE CLOSE?

22 MAY TREE CLOSE is located in COATES, in the GL7 postcode district. The below map shows the position of No. 22 on MAY TREE CLOSE.