23, MAY TREE CLOSE, COATES, CIRENCESTER, GL7 6NQ - £495,000

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

23 MAY TREE CLOSE is a midsized extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £495,000 in August 2021, which was around 19% below the average August 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was November 2020, where the current energy rating was F, and the potential energy rating was E.

23 MAY TREE CLOSE Sold Prices

Land registry data shows four sales for 23 MAY TREE CLOSE 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 23 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
2021 13 AUG	£495,000	£614,760	19% below HPI
2007 20 SEP	£340,000	£420,685	19% below HPI
2003 15 AUG	£240,000	£329,836	27% below HPI
1995 31 JAN	£96,000	£123,589	22% below HPI

23 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 four 23 MAY TREE CLOSE sales between January 1995 and August 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 September 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, which was also at 19% below the HPI.

How Large is 23 MAY TREE CLOSE?

23 MAY TREE CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses in Coates, based on EPC data. The below chart shows the distribution of detached houses by size in Coates, and where 23 MAY TREE CLOSE lies on this distribution: 41% of detached houses are smaller than 23 MAY TREE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Coates.

23 MAY TREE CLOSE: Plot and Title Map

23 MAY TREE CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 23 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 23 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 23 MAY TREE CLOSE?

23 MAY TREE CLOSE is located in COATES, in the GL7 postcode district. The below map shows the position of No. 23 on MAY TREE CLOSE.