31, MILLENNIUM WAY, CIRENCESTER, GL7 1FJ - £209,000

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

31 MILLENNIUM WAY is a midsized extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £209,000 in February 2010, which was around 48% below the average February 2010 detached price in the Cotswold local authority area. The most recent EPC inspection was April 2022, where the current energy rating was A, and the potential energy rating was A.

31 MILLENNIUM WAY Sold Prices

Land registry data shows three sales for 31 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 31 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
2010 12 FEB	£209,000	£404,662	48% below HPI
2006 23 MAR	£224,000	£365,704	39% below HPI
2001 28 SEP	£156,500	£242,994	36% below HPI

31 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 31 MILLENNIUM WAY sales between September 2001 and February 2010 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 March 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2010 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 31 MILLENNIUM WAY?

31 MILLENNIUM WAY is 130m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses by size in Cirencester, and where 31 MILLENNIUM WAY lies on this distribution: 54% of detached houses are smaller than 31 MILLENNIUM WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

31 MILLENNIUM WAY: Plot and Title Map

31 MILLENNIUM WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 31 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 31 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 31 MILLENNIUM WAY?

31 MILLENNIUM WAY is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 31 on MILLENNIUM WAY.