CORNERSTONES COTTAGE, SCHOOL LANE, SOUTH CERNEY, CIRENCESTER, GL7 5TX - £650,000

CORNERSTONES COTTAGE is a small extended detached house of 112m², built sometime before 1900. It was last sold for £650,000 in June 2021, which was around 7% above the average June 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

CORNERSTONES COTTAGE Sold Prices

Land registry data shows four sales for CORNERSTONES COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. two of the four CORNERSTONES COTTAGE sales were for above the average price, and four 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 9 JUN	£650,000	£608,319	7% above HPI
2001 5 JUL	£315,000	£236,117	33% above HPI
1999 14 OCT	£195,000	£204,251	5% below HPI
1998 16 MAR	£148,000	£157,523	6% below HPI

CORNERSTONES COTTAGE 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 four CORNERSTONES COTTAGE sales between March 1998 and June 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 July 2001 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is CORNERSTONES COTTAGE?

CORNERSTONES COTTAGE is 112m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% 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 CORNERSTONES COTTAGE lies on this distribution: 24% of detached houses are smaller than CORNERSTONES COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

CORNERSTONES COTTAGE: Plot and Title Map

CORNERSTONES COTTAGE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of CORNERSTONES COTTAGE, 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 CORNERSTONES COTTAGE). 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 CORNERSTONES COTTAGE?

CORNERSTONES COTTAGE is located on SCHOOL LANE in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of CORNERSTONES COTTAGE on SCHOOL LANE.