1, SPITALGATE LANE, CIRENCESTER, GL7 2DE - £230,000

1 SPITALGATE LANE is a very small detached house of 79m², built sometime before 1900. It was last sold for £230,000 in October 2016, which was around 56% below the average October 2016 detached price in the Cotswold local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

1 SPITALGATE LANE Sold Prices

Land registry data shows four sales for 1 SPITALGATE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Most of the four 1 SPITALGATE LANE 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
2016 3 OCT	£230,000	£520,050	56% below HPI
2007 19 JAN	£195,000	£388,998	50% below HPI
1998 8 APR	£199,166	£162,733	22% above HPI
1995 30 JAN	£80,000	£123,589	35% below HPI

1 SPITALGATE LANE 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 four 1 SPITALGATE LANE sales between January 1995 and October 2016 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 January 2007 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2016 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 1 SPITALGATE LANE?

1 SPITALGATE LANE is 79m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 SPITALGATE LANE lies on this distribution: 8% of detached houses are smaller than 1 SPITALGATE LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

1 SPITALGATE LANE: Plot and Title Map

1 SPITALGATE LANE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 1 SPITALGATE LANE, 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 SPITALGATE LANE). 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 SPITALGATE LANE?

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