37, OAK WAY, SOUTH CERNEY, CIRENCESTER, GL7 5XX - £325,000

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

37 OAK WAY is a very small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £325,000 in September 2013, which was around 27% below the average September 2013 detached price in the Cotswold local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

37 OAK WAY Sold Prices

Land registry data shows three sales for 37 OAK 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 37 OAK 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
2013 17 SEP	£325,000	£442,436	27% below HPI
2005 16 NOV	£249,950	£359,792	31% below HPI
1998 18 DEC	£128,000	£175,268	27% below HPI

37 OAK 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 37 OAK WAY sales between December 1998 and September 2013 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 November 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2013 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 37 OAK WAY?

37 OAK WAY is 88m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in South Cerney, based on EPC data. The below chart shows the distribution of detached houses by size in South Cerney, and where 37 OAK WAY lies on this distribution: 11% of detached houses are smaller than 37 OAK WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

37 OAK WAY: Plot and Title Map

37 OAK WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 37 OAK 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 37 OAK 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 37 OAK WAY?

37 OAK WAY is located in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of No. 37 on OAK WAY.