34, MILLENNIUM WAY, CIRENCESTER, GL7 1FJ - £450,000

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

34 MILLENNIUM WAY is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £450,000 in December 2022, which was around 38% below the average December 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

34 MILLENNIUM WAY Sold Prices

Land registry data shows two sales for 34 MILLENNIUM WAY 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 34 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
2022 6 DEC	£450,000	£722,735	38% below HPI
2001 28 SEP	£180,000	£237,412	24% below HPI

34 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 two 34 MILLENNIUM WAY sales from September 2001 and December 2022 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 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 34 MILLENNIUM WAY be worth now?

34 MILLENNIUM WAY might now be worth an estimated £438,654.

This is based on house price deflation of 2.5%, between December 2022 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 2.5% deflationary decrease is applied to the most recent sale price for 34 MILLENNIUM WAY of £450,000 on 6th December 2022. For the value to have decreased from £450,000 to £438,654 over the two years to December 2024, the following assumptions must hold true:

• The value of 34 MILLENNIUM WAY has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The December 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MILLENNIUM WAY has not materially changed since December 2022.

How Large is 34 MILLENNIUM WAY?

34 MILLENNIUM WAY is 104m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% 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 34 MILLENNIUM WAY lies on this distribution: 30% of detached houses houses are smaller than 34 MILLENNIUM WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

34 MILLENNIUM WAY: Plot and Title Map

34 MILLENNIUM WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 34 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 34 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 34 MILLENNIUM WAY?

34 MILLENNIUM WAY is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 34 on MILLENNIUM WAY.