54, OAK WAY, SOUTH CERNEY, CIRENCESTER, GL7 5XX - £325,000

54 OAK WAY is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £325,000 in April 2019, which was around 42% below the average April 2019 detached price in the Cotswold local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was A.

54 OAK WAY Sold Prices

Land registry data shows two sales for 54 OAK WAY 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 54 OAK WAY 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 5 APR	£325,000	£563,766	42% below HPI
2015 15 OCT	£292,000	£497,208	41% below HPI

54 OAK WAY 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 54 OAK WAY sales from October 2015 and April 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 October 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 54 OAK WAY?

54 OAK WAY is 79m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in South Cerney, based on EPC data. The below chart shows the distribution of detached houses by size in South Cerney, and where 54 OAK WAY lies on this distribution: 6% of detached houses are smaller than 54 OAK WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

54 OAK WAY: Plot and Title Map

54 OAK WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 54 OAK WAY, 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 54 OAK WAY). 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 54 OAK WAY?

54 OAK WAY is located in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of No. 54 on OAK WAY.