44, PARK CLOSE, FAIRFORD, GL7 4LF - £221,000

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

44 PARK CLOSE is a very small extended detached house of 66m², built sometime between 1976 and 1982. It was last sold for £221,000 in January 2016, which was around 58% below the average January 2016 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

44 PARK CLOSE Sold Prices

Land registry data shows four sales for 44 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the four 44 PARK CLOSE 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
2016 14 JAN	£221,000	£527,820	58% below HPI
2005 16 SEP	£184,000	£364,597	50% below HPI
1999 23 DEC	£33,000	£204,726	84% below HPI
1995 4 JUL	£60,000	£122,272	51% below HPI

44 PARK CLOSE 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 four 44 PARK CLOSE sales between July 1995 and January 2016 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 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2016 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 44 PARK CLOSE?

44 PARK CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses by size in Fairford, and where 44 PARK CLOSE lies on this distribution: 1% of detached houses are smaller than 44 PARK CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Fairford.

44 PARK CLOSE: Plot and Title Map

44 PARK CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 44 PARK CLOSE, 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 44 PARK CLOSE). 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 44 PARK CLOSE?

44 PARK CLOSE is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 44 on PARK CLOSE.