38, MICHAELS MEAD, CIRENCESTER, GL7 1WE - £310,000

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

38 MICHAELS MEAD is a very small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £310,000 in February 2014, which was around 29% below the average February 2014 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

38 MICHAELS MEAD Sold Prices

Land registry data shows three sales for 38 MICHAELS MEAD 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 38 MICHAELS MEAD 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
2014 28 FEB	£310,000	£435,230	29% below HPI
2005 27 MAY	£239,000	£358,338	33% below HPI
1998 8 MAY	£125,000	£162,586	23% below HPI

38 MICHAELS MEAD 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 38 MICHAELS MEAD sales between May 1998 and February 2014 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 May 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 38 MICHAELS MEAD?

38 MICHAELS MEAD is 94m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses by size in Cirencester, and where 38 MICHAELS MEAD lies on this distribution: 19% of detached houses are smaller than 38 MICHAELS MEAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

38 MICHAELS MEAD: Plot and Title Map

38 MICHAELS MEAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 38 MICHAELS MEAD, 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 38 MICHAELS MEAD). 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 38 MICHAELS MEAD?

38 MICHAELS MEAD is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 38 on MICHAELS MEAD.