OLECOTE, VICARAGE LANE, POULTON, CIRENCESTER, GL7 5HU - £655,000

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

OLECOTE is a midsized detached house of 148m². It was last sold for £655,000 in October 2019, which was around 13% above the average October 2019 detached price in the Cotswold local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

OLECOTE Sold Prices

Land registry data shows two sales for OLECOTE 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. One of the two OLECOTE sales was for above the average price, whilst the other was 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
2019 4 OCT	£655,000	£578,743	13% above HPI
2011 2 JUN	£250,000	£403,084	38% below HPI

OLECOTE 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 OLECOTE sales from June 2011 and October 2019 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 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is OLECOTE?

OLECOTE is 148m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Poulton, based on EPC data. The below chart shows the distribution of detached houses by size in Poulton, and where OLECOTE lies on this distribution: 43% of detached houses are smaller than OLECOTE, and 57% of houses are larger. Note that EPC data is not available for all properties in Poulton.

OLECOTE: Plot and Title Map

OLECOTE sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of OLECOTE, 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 OLECOTE). 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 OLECOTE?

OLECOTE is located on VICARAGE LANE in POULTON, in the GL7 postcode district. The below map shows the position of OLECOTE on VICARAGE LANE.