PENRITH, MEADOW WAY, SOUTH CERNEY, CIRENCESTER, GL7 6HY - £405,000

PENRITH is a small detached house of 120m², built sometime between 1967 and 1975. It was last sold for £405,000 in September 2017, which was around 25% below the average September 2017 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

PENRITH Sold Prices

Land registry data shows two sales for PENRITH 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 PENRITH 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
2017 1 SEP	£405,000	£540,918	25% below HPI
1996 22 JUL	£109,500	£131,979	17% below HPI

PENRITH 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 PENRITH sales from July 1996 and September 2017 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PENRITH?

PENRITH is 120m² according to the EPC inspection conducted in June 2017. 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 PENRITH lies on this distribution: 29% of detached houses are smaller than PENRITH, and 71% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

PENRITH: Plot and Title Map

PENRITH sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of PENRITH, 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 PENRITH). 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 PENRITH?

PENRITH is located on MEADOW WAY in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of PENRITH on MEADOW WAY.