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

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.

OLECOTE is a midsized detached house of 148m², which could now be worth an estimated £803,459. It was last sold for £655,000 in October 2019, which was around 16% 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	£565,447	16% above HPI
2011 2 JUN	£250,000	£393,823	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might OLECOTE be worth now?

OLECOTE might now be worth an estimated £803,459.

This is based on house price inflation of 22.7%, between October 2019 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 22.7% inflationary increase is applied to the most recent sale price for OLECOTE of £655,000 on 4th October 2019. For the value to have increased from £655,000 to £803,459 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of OLECOTE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The October 2019 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of OLECOTE has not materially changed since October 2019.

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 houses in Poulton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poulton, and where OLECOTE lies on this distribution: 43% of detached houses 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 0.126 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.