THE NOOK, HORCOTT ROAD, FAIRFORD, GL7 4DD - £223,000

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.

THE NOOK is a very small detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £309,298. It was last sold for £223,000 in November 2015, which was around 55% below the average November 2015 detached price in the Cotswold local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 THE NOOK 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 17 NOV	£223,000	£500,083	55% below HPI
2007 1 NOV	£187,500	£416,050	55% below HPI

THE NOOK 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 THE NOOK sales from November 2007 and November 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 November 2007 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the November 2015 sale, which was also at 55% below the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £309,298.

This is based on house price inflation of 38.7%, between November 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 38.7% inflationary increase is applied to the most recent sale price for THE NOOK of £223,000 on 17th November 2015. For the value to have increased from £223,000 to £309,298 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The November 2015 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since November 2015.

How Large is THE NOOK?

THE NOOK is 54m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% 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 THE NOOK lies on this distribution: 3% of detached houses houses are smaller than THE NOOK, and 97% of houses are larger. Note that EPC data is not available for all properties in Horcott.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

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