41, MICHAELS MEAD, CIRENCESTER, GL7 1WE - £365,000

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

41 MICHAELS MEAD is a small extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £471,800. It was last sold for £365,000 in June 2019, which was around 33% below the average June 2019 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

41 MICHAELS MEAD Sold Prices

Land registry data shows two sales for 41 MICHAELS MEAD 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 41 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
2019 27 JUN	£365,000	£545,034	33% below HPI
1998 5 AUG	£132,500	£168,712	21% below HPI

41 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 two 41 MICHAELS MEAD sales from August 1998 and June 2019 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 August 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 41 MICHAELS MEAD be worth now?

41 MICHAELS MEAD might now be worth an estimated £471,800.

This is based on house price inflation of 29.3%, between June 2019 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 29.3% inflationary increase is applied to the most recent sale price for 41 MICHAELS MEAD of £365,000 on 27th June 2019. For the value to have increased from £365,000 to £471,800 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 41 MICHAELS MEAD has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The June 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MICHAELS MEAD has not materially changed since June 2019.

How Large is 41 MICHAELS MEAD?

41 MICHAELS MEAD is 99m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 41 MICHAELS MEAD lies on this distribution: 25% of detached houses houses are smaller than 41 MICHAELS MEAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

41 MICHAELS MEAD: Plot and Title Map

41 MICHAELS MEAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 41 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 41 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 41 MICHAELS MEAD?

41 MICHAELS MEAD is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 41 on MICHAELS MEAD.