2, The Close
2, The Close
Description & Estimates
2, The Close, Lechlade is recorded publicly as a modern freehold house across 839 ft2 of internal area, sitting on a 332 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, The Close, Lechlade is £344,298 and its rental estimate is £1,496 per month, given the available information and assuming reasonable condition.
The Close, Siddington, Lechlade, GL7 falls within the GL7 postal district, in the borough of Cotswold.
Our Data Sources
2, The Close, Lechlade has 41 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, The Close, Lechlade, we estimate a market value of £361,513 and a rental value of £1,571 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £320,198 and £1,392 per month respectively.
Recent Market Change
Over the last year, 2, The Close, Lechlade has seen its estimated sale value fall by £6,958 (2.0%) and its estimated rental value move up by £39 per month (2.6%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 2, The Close, Lechlade as measuring 332 m2.
That makes it the largest plot in the postcode, where all 5 other houses have recorded plot data.
Energy Efficiency
2, The Close, Lechlade has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, The Close, Lechlade completed on 6th December 2011 at £230,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 54.7% over the period since December 2011.
- Sold Dec 2011£230,000
- Sold Jul 2007£210,000
- Sold Aug 2002£132,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, The Close, Lechlade have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2024, was 14 Rose Villas, Hambidge Lane, Lechlade, GL7 3BE, a freehold house which sold for £320,000.
Read more about house prices in GL7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on The Close, Siddington, Lechlade, GL7, 2, The Close, Lechlade comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £146k less expensive than the average property across the GL7 district.
More reading links
Schools Nearby
- 700mSt Lawrence Church of England Primary School
- 3.6kmSouthrop Church of England Primary School
- 3.7kmSt Christopher's Church of England School
- 6.4kmFarmor's School
- 8.1kmHighworth Warneford School
- 9.0kmFaringdon Community College
More reading links
Public Transport Nearby
From 2, The Close, Lechlade, the nearest station is Swindon (Wilts), 16.3 kilometres away.
- 16.3kmSwindon (Wilts)
- 19.6kmShipton
- 20.6kmAscott-under-Wychwood
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
