9, REEVES CLOSE, CIRENCESTER, GL7 1QR - £265,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

9 REEVES CLOSE is a very small semi-detached house of 68m², built sometime between 1983 and 1990. It was last sold for £265,000 in April 2017, which was around 49% below the average April 2017 detached price in the Cotswold local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

9 REEVES CLOSE Sold Prices

Land registry data shows four sales for 9 REEVES 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 9 REEVES 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
2017 13 APR	£265,000	£520,320	49% below HPI
2016 22 AUG	£240,000	£507,419	53% below HPI
2000 28 JUL	£112,000	£227,289	51% below HPI
1997 19 SEP	£72,000	£144,959	50% below HPI

9 REEVES 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 9 REEVES CLOSE sales between September 1997 and April 2017 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 2016 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2017 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 9 REEVES CLOSE?

9 REEVES CLOSE is 68m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses by size in Cirencester, and where 9 REEVES CLOSE lies on this distribution: 4% of detached houses are smaller than 9 REEVES CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

9 REEVES CLOSE: Plot and Title Map

9 REEVES CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 9 REEVES 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 9 REEVES 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 9 REEVES CLOSE?

9 REEVES CLOSE is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 9 on REEVES CLOSE.