47, PARK CLOSE, FAIRFORD, GL7 4LF - £249,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 PARK CLOSE is a midsized extended detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £374,902. It was last sold for £249,995 in November 2014, which was around 46% below the average November 2014 detached price in the Cotswold local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

47 PARK CLOSE Sold Prices

Land registry data shows three sales for 47 PARK CLOSE 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 47 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
2014 28 NOV	£249,995	£462,517	46% below HPI
2003 7 APR	£155,000	£289,636	46% below HPI
1999 28 JUN	£90,000	£177,049	49% below HPI

47 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 three 47 PARK CLOSE sales between June 1999 and November 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 April 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2014 sale, which was also at 46% below the HPI.

What might 47 PARK CLOSE be worth now?

47 PARK CLOSE might now be worth an estimated £374,902.

This is based on house price inflation of 50%, between November 2014 and February 2025, 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 50% inflationary increase is applied to the most recent sale price for 47 PARK CLOSE of £249,995 on 28th November 2014. For the value to have increased from £249,995 to £374,902 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 47 PARK CLOSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The November 2014 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 47 PARK CLOSE has not materially changed since November 2014.

How Large is 47 PARK CLOSE?

47 PARK CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fairford, and where 47 PARK CLOSE lies on this distribution: 47% of detached houses houses are smaller than 47 PARK CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Fairford.

47 PARK CLOSE: Plot and Title Map

47 PARK CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 47 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 47 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 47 PARK CLOSE?

47 PARK CLOSE is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 47 on PARK CLOSE.