24, ORMAND CLOSE, CIRENCESTER, GL7 1GN - £232,000

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.

24 ORMAND CLOSE is a very small terraced house of 78m², built sometime between 2007 and 2011, which could now be worth an estimated £342,352. It was last sold for £232,000 in June 2014, which was around 1% above the average June 2014 terraced price in the Cotswold local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

24 ORMAND CLOSE Sold Prices

Land registry data shows two sales for 24 ORMAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cotswold local authority area for the corresponding sale date. One of the two 24 ORMAND CLOSE 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
2014 3 JUN	£232,000	£230,310	1% above HPI
2010 17 DEC	£200,000	£215,425	7% below HPI

24 ORMAND CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cotswold local authority area over time, sourced from the HPI. The two 24 ORMAND CLOSE sales from December 2010 and June 2014 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 December 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 24 ORMAND CLOSE be worth now?

24 ORMAND CLOSE might now be worth an estimated £342,352.

This is based on house price inflation of 47.6%, between June 2014 and June 2025, for terraced 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 47.6% inflationary increase is applied to the most recent sale price for 24 ORMAND CLOSE of £232,000 on 3rd June 2014. For the value to have increased from £232,000 to £342,352 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 24 ORMAND CLOSE has moved in line with the HPI for terraced houses in the Cotswold local authority area.
• The June 2014 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ORMAND CLOSE has not materially changed since June 2014.

How Large is 24 ORMAND CLOSE?

24 ORMAND CLOSE is 78m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of terraced houses houses in Cirencester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cirencester, and where 24 ORMAND CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 24 ORMAND CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

24 ORMAND CLOSE: Plot and Title Map

24 ORMAND CLOSE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 24 ORMAND CLOSE, 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 24 ORMAND CLOSE). 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 24 ORMAND CLOSE?

24 ORMAND CLOSE is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 24 on ORMAND CLOSE.