1, MICHAELS MEAD, CIRENCESTER, GL7 1WE - £378,000

1 MICHAELS MEAD is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £378,000 in February 2020, which was around 33% below the average February 2020 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

1 MICHAELS MEAD Sold Prices

Land registry data shows three sales for 1 MICHAELS MEAD 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 1 MICHAELS MEAD 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
2020 12 FEB	£378,000	£563,812	33% below HPI
2001 19 MAR	£165,000	£219,718	25% below HPI
1998 1 JUN	£119,000	£168,034	29% below HPI

1 MICHAELS MEAD 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 1 MICHAELS MEAD sales between June 1998 and February 2020 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 March 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 MICHAELS MEAD?

1 MICHAELS MEAD is 101m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses by size in Cirencester, and where 1 MICHAELS MEAD lies on this distribution: 28% of detached houses are smaller than 1 MICHAELS MEAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

1 MICHAELS MEAD: Plot and Title Map

1 MICHAELS MEAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 MICHAELS MEAD, 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 1 MICHAELS MEAD). 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 1 MICHAELS MEAD?

1 MICHAELS MEAD is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 1 on MICHAELS MEAD.