6, HOMEGROUND LANE, FAIRFORD, GL7 4LE - £255,000

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

6 HOMEGROUND LANE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £255,000 in November 2015, which was around 50% below the average November 2015 detached price in the Cotswold local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

6 HOMEGROUND LANE Sold Prices

Land registry data shows two sales for 6 HOMEGROUND LANE 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 6 HOMEGROUND LANE 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 27 NOV	£255,000	£511,842	50% below HPI
2000 23 MAR	£112,500	£209,833	46% below HPI

6 HOMEGROUND LANE 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 6 HOMEGROUND LANE sales from March 2000 and November 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 March 2000 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2015 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 6 HOMEGROUND LANE?

6 HOMEGROUND LANE is 70m² according to the EPC inspection conducted in October 2011. 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 6 HOMEGROUND LANE lies on this distribution: 3% of detached houses are smaller than 6 HOMEGROUND LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Fairford.

6 HOMEGROUND LANE: Plot and Title Map

6 HOMEGROUND LANE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 6 HOMEGROUND LANE, 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 6 HOMEGROUND LANE). 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 6 HOMEGROUND LANE?

6 HOMEGROUND LANE is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 6 on HOMEGROUND LANE.