41, MICHAELS MEAD, CIRENCESTER, GL7 1WE - £365,000

41 MICHAELS MEAD is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £365,000 in June 2019, which was around 35% below the average June 2019 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

41 MICHAELS MEAD Sold Prices

Land registry data shows two sales for 41 MICHAELS MEAD 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 41 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
2019 27 JUN	£365,000	£557,850	35% below HPI
1998 5 AUG	£132,500	£172,679	23% below HPI

41 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 two 41 MICHAELS MEAD sales from August 1998 and June 2019 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 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 41 MICHAELS MEAD?

41 MICHAELS MEAD is 99m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 41 MICHAELS MEAD lies on this distribution: 26% of detached houses are smaller than 41 MICHAELS MEAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

41 MICHAELS MEAD: Plot and Title Map

41 MICHAELS MEAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 41 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 41 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 41 MICHAELS MEAD?

41 MICHAELS MEAD is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 41 on MICHAELS MEAD.