23, REEVES CLOSE, CIRENCESTER, GL7 1QR - £143,000

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

23 REEVES CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £143,000 in June 2003, which was around 54% below the average June 2003 detached price in the Cotswold local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

23 REEVES CLOSE Sold Prices

Land registry data shows four sales for 23 REEVES 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 REEVES 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
2003 27 JUN	£143,000	£312,840	54% below HPI
2000 7 APR	£97,500	£207,728	53% below HPI
1997 30 MAY	£66,500	£141,206	53% below HPI
1995 24 MAR	£59,200	£114,288	48% below HPI

23 REEVES 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 REEVES CLOSE sales between March 1995 and June 2003 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 April 2000 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2003 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 23 REEVES CLOSE be worth now?

23 REEVES CLOSE might now be worth an estimated £322,035.

This is based on house price inflation of 125.2%, between June 2003 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 125.2% inflationary increase is applied to the most recent sale price for 23 REEVES CLOSE of £143,000 on 27th June 2003. For the value to have increased from £143,000 to £322,035 over the twenty years and six months to December 2024, the following assumptions must hold true:

• The value of 23 REEVES CLOSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The June 2003 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 23 REEVES CLOSE has not materially changed since June 2003.

How Large is 23 REEVES CLOSE?

23 REEVES CLOSE is 66m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% 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 23 REEVES CLOSE lies on this distribution: 3% of detached houses houses are smaller than 23 REEVES CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

23 REEVES CLOSE: Plot and Title Map

23 REEVES CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 23 REEVES 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 REEVES 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 REEVES CLOSE?

23 REEVES CLOSE is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 23 on REEVES CLOSE.