GRASSMERE, LITTLE HORCOTT LANE, FAIRFORD, GL7 4LJ - £330,000

GRASSMERE is a large extended detached house of 170m², built sometime between 1930 and 1949. It was last sold for £330,000 in April 2015, which was around 29% below the average April 2015 detached price in the Cotswold local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was A.

GRASSMERE Sold Prices

Land registry data shows two sales for GRASSMERE 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 GRASSMERE 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
2015 16 APR	£330,000	£465,166	29% below HPI
1996 21 JUN	£85,500	£131,204	35% below HPI

GRASSMERE 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 GRASSMERE sales from June 1996 and April 2015 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 June 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is GRASSMERE?

GRASSMERE is 170m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Horcott, based on EPC data. The below chart shows the distribution of detached houses by size in Horcott, and where GRASSMERE lies on this distribution: 79% of detached houses are smaller than GRASSMERE, and 21% of houses are larger. Note that EPC data is not available for all properties in Horcott.

GRASSMERE: Plot and Title Map

GRASSMERE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of GRASSMERE, 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 GRASSMERE). 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 GRASSMERE?

GRASSMERE is located on LITTLE HORCOTT LANE in FAIRFORD, in the GL7 postcode district. The below map shows the position of GRASSMERE on LITTLE HORCOTT LANE.