5, MORESTALL DRIVE, CIRENCESTER, GL7 1TF - £420,000

5 MORESTALL DRIVE is a very small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £420,000 in May 2021, which was around 30% below the average May 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

5 MORESTALL DRIVE Sold Prices

Land registry data shows five sales for 5 MORESTALL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the five 5 MORESTALL DRIVE 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
2021 24 MAY	£420,000	£597,114	30% below HPI
2016 8 JAN	£345,000	£527,820	35% below HPI
2010 17 DEC	£310,000	£424,239	27% below HPI
2007 12 OCT	£285,000	£417,425	32% below HPI
2002 23 AUG	£205,000	£283,319	28% below HPI

5 MORESTALL DRIVE 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 five 5 MORESTALL DRIVE sales between August 2002 and May 2021 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 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 MORESTALL DRIVE?

5 MORESTALL DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses by size in Cirencester, and where 5 MORESTALL DRIVE lies on this distribution: 19% of detached houses are smaller than 5 MORESTALL DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

5 MORESTALL DRIVE: Plot and Title Map

5 MORESTALL DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 5 MORESTALL DRIVE, 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 5 MORESTALL DRIVE). 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 5 MORESTALL DRIVE?

5 MORESTALL DRIVE is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 5 on MORESTALL DRIVE.