4, OAK WAY, SOUTH CERNEY, CIRENCESTER, GL7 5XX - £273,500

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

4 OAK WAY is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £273,500 in July 2015, which was around 41% below the average July 2015 detached price in the Cotswold local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

4 OAK WAY Sold Prices

Land registry data shows two sales for 4 OAK 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 4 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
2015 7 JUL	£273,500	£465,882	41% below HPI
1996 31 JUL	£85,000	£131,979	36% below HPI

4 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 two 4 OAK WAY sales from July 1996 and July 2015 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 July 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 OAK WAY?

4 OAK WAY is 80m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 4 OAK WAY lies on this distribution: 6% of detached houses are smaller than 4 OAK WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

4 OAK WAY: Plot and Title Map

4 OAK WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 4 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 4 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 4 OAK WAY?

4 OAK WAY is located in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of No. 4 on OAK WAY.