THE BARN, MILTON PLACE, FAIRFORD, GL7 4HR - £325,000

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

THE BARN is a small detached house of 98m², built sometime before 1900. It was last sold for £325,000 in March 2018, which was around 40% below the average March 2018 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows three sales for THE BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three THE BARN 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 23 MAR	£325,000	£543,565	40% below HPI
2004 12 AUG	£275,000	£358,255	23% below HPI
1996 29 FEB	£95,000	£119,643	21% below HPI

THE BARN 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 three THE BARN sales between February 1996 and March 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 August 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is THE BARN?

THE BARN is 98m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Fairford, based on EPC data. The below chart shows the distribution of detached houses by size in Fairford, and where THE BARN lies on this distribution: 20% of detached houses are smaller than THE BARN, and 79% of houses are larger. Note that EPC data is not available for all properties in Fairford.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on MILTON PLACE in FAIRFORD, in the GL7 postcode district. The below map shows the position of THE BARN on MILTON PLACE.