8, MAY TREE CLOSE, COATES, CIRENCESTER, GL7 6NQ - £530,000

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

8 MAY TREE CLOSE is a midsized extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £530,000 in July 2023, which was around 25% below the average July 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

8 MAY TREE CLOSE Sold Prices

Land registry data shows three sales for 8 MAY TREE 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 8 MAY TREE 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
2023 3 JUL	£530,000	£709,454	25% below HPI
2006 10 NOV	£285,000	£395,202	28% below HPI
1997 18 SEP	£129,500	£144,959	11% below HPI

8 MAY TREE 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 8 MAY TREE CLOSE sales between September 1997 and July 2023 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 November 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 MAY TREE CLOSE?

8 MAY TREE CLOSE is 135m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Coates, based on EPC data. The below chart shows the distribution of detached houses by size in Coates, and where 8 MAY TREE CLOSE lies on this distribution: 41% of detached houses are smaller than 8 MAY TREE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Coates.

8 MAY TREE CLOSE: Plot and Title Map

8 MAY TREE CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 8 MAY TREE 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 8 MAY TREE 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 8 MAY TREE CLOSE?

8 MAY TREE CLOSE is located in COATES, in the GL7 postcode district. The below map shows the position of No. 8 on MAY TREE CLOSE.