FELKIRK, HORCOTT ROAD, FAIRFORD, GL7 4DD - £276,000

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.

FELKIRK is a small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £358,716. It was last sold for £276,000 in February 2018, which was around 48% below the average February 2018 detached price in the Cotswold local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

FELKIRK Sold Prices

Land registry data shows two sales for FELKIRK 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 FELKIRK 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
2018 26 FEB	£276,000	£533,670	48% below HPI
1996 15 MAR	£65,000	£116,722	44% below HPI

FELKIRK 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 FELKIRK sales from March 1996 and February 2018 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 1996 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might FELKIRK be worth now?

FELKIRK might now be worth an estimated £358,716.

This is based on house price inflation of 30%, between February 2018 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 30% inflationary increase is applied to the most recent sale price for FELKIRK of £276,000 on 26th February 2018. For the value to have increased from £276,000 to £358,716 over the seven years to February 2025, the following assumptions must hold true:

• The value of FELKIRK has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The February 2018 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of FELKIRK has not materially changed since February 2018.

How Large is FELKIRK?

FELKIRK is 73m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses houses in Horcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horcott, and where FELKIRK lies on this distribution: 28% of detached houses houses are smaller than FELKIRK, and 72% of houses are larger. Note that EPC data is not available for all properties in Horcott.

FELKIRK: Plot and Title Map

FELKIRK sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of FELKIRK, 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 FELKIRK). 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 FELKIRK?

FELKIRK is located on HORCOTT ROAD in FAIRFORD, in the GL7 postcode district. The below map shows the position of FELKIRK on HORCOTT ROAD.