1, MORGANS TERRACE, SOUTH CERNEY, CIRENCESTER, GL7 5TF - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MORGANS TERRACE is a very small extended detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £436,205. It was last sold for £370,000 in March 2021, which was around 37% below the average March 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

1 MORGANS TERRACE Sold Prices

Land registry data shows four sales for 1 MORGANS TERRACE 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. All of the four 1 MORGANS TERRACE 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
2021 17 MAR	£370,000	£588,335	37% below HPI
2015 24 APR	£330,000	£454,479	27% below HPI
2007 21 JUN	£269,950	£390,858	31% below HPI
2000 14 APR	£142,000	£207,728	32% below HPI

1 MORGANS TERRACE 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 1 MORGANS TERRACE sales between April 2000 and March 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 April 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 MORGANS TERRACE be worth now?

1 MORGANS TERRACE might now be worth an estimated £436,205.

This is based on house price inflation of 17.9%, between March 2021 and February 2025, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.9% inflationary increase is applied to the most recent sale price for 1 MORGANS TERRACE of £370,000 on 17th March 2021. For the value to have increased from £370,000 to £436,205 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MORGANS TERRACE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The March 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MORGANS TERRACE has not materially changed since March 2021.

How Large is 1 MORGANS TERRACE?

1 MORGANS TERRACE is 92m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses houses in South Cerney, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Cerney, and where 1 MORGANS TERRACE lies on this distribution: 12% of detached houses houses are smaller than 1 MORGANS TERRACE, and 88% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

1 MORGANS TERRACE: Plot and Title Map

1 MORGANS TERRACE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 MORGANS TERRACE, 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 1 MORGANS TERRACE). 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 1 MORGANS TERRACE?

1 MORGANS TERRACE is located in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of No. 1 on MORGANS TERRACE.