3, NEAR SHORT PIECE, FAIRFORD, GL7 4FF - £575,000

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

3 NEAR SHORT PIECE is a midsized detached house of 134m², which could now be worth an estimated £694,374. It was last sold for £575,000 in May 2021, which was around 1% below the average May 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

3 NEAR SHORT PIECE Sold Prices

Land registry data shows three sales for 3 NEAR SHORT PIECE 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. Two of the three 3 NEAR SHORT PIECE sales were for below the average price, whilst one was for above 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 7 MAY	£575,000	£583,396	1% below HPI
2021 23 APR	£574,000	£586,151	2% below HPI
2016 29 APR	£499,950	£488,091	2% above HPI

3 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 three 3 NEAR SHORT PIECE sales between April 2016 and May 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 April 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 NEAR SHORT PIECE be worth now?

3 NEAR SHORT PIECE might now be worth an estimated £694,374.

This is based on house price inflation of 20.8%, between May 2021 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 20.8% inflationary increase is applied to the most recent sale price for 3 NEAR SHORT PIECE of £575,000 on 7th May 2021. For the value to have increased from £575,000 to £694,374 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 3 NEAR SHORT PIECE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The May 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEAR SHORT PIECE has not materially changed since May 2021.

How Large is 3 NEAR SHORT PIECE?

3 NEAR SHORT PIECE is 134m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairford, and where 3 NEAR SHORT PIECE lies on this distribution: 53% of detached houses houses are smaller than 3 NEAR SHORT PIECE, and 46% of houses are larger. Note that EPC data is not available for all properties in Fairford.

3 NEAR SHORT PIECE: Plot and Title Map

3 NEAR SHORT PIECE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 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 3 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 3 NEAR SHORT PIECE?

3 NEAR SHORT PIECE is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 3 on NEAR SHORT PIECE.