GRASSMERE, LITTLE HORCOTT LANE, FAIRFORD, GL7 4LJ - £330,000

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.

GRASSMERE is a large extended detached house of 170m², built sometime between 1930 and 1949, which could now be worth an estimated £503,633. It was last sold for £330,000 in April 2015, which was around 27% below the average April 2015 detached price in the Cotswold local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was A.

GRASSMERE Sold Prices

Land registry data shows two sales for GRASSMERE 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 GRASSMERE 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 16 APR	£330,000	£454,479	27% below HPI
1996 21 JUN	£85,500	£128,190	33% below HPI

GRASSMERE 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 GRASSMERE sales from June 1996 and April 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 June 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might GRASSMERE be worth now?

GRASSMERE might now be worth an estimated £503,633.

This is based on house price inflation of 52.6%, between April 2015 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 52.6% inflationary increase is applied to the most recent sale price for GRASSMERE of £330,000 on 16th April 2015. For the value to have increased from £330,000 to £503,633 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of GRASSMERE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The April 2015 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of GRASSMERE has not materially changed since April 2015.

How Large is GRASSMERE?

GRASSMERE is 170m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 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 GRASSMERE lies on this distribution: 76% of detached houses houses are smaller than GRASSMERE, and 24% of houses are larger. Note that EPC data is not available for all properties in Horcott.

GRASSMERE: Plot and Title Map

GRASSMERE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of GRASSMERE, 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 GRASSMERE). 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 GRASSMERE?

GRASSMERE is located on LITTLE HORCOTT LANE in FAIRFORD, in the GL7 postcode district. The below map shows the position of GRASSMERE on LITTLE HORCOTT LANE.