1, TEAL WAY, SOUTH CERNEY, CIRENCESTER, GL7 5WL - £593,000

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 TEAL WAY is a small detached house of 124m², which could now be worth an estimated £608,890. It was last sold for £593,000 in May 2022, which was around 12% below the average May 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

1 TEAL WAY Sold Prices

Land registry data shows two sales for 1 TEAL WAY 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 1 TEAL WAY 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
2022 24 MAY	£593,000	£675,507	12% below HPI
2014 24 OCT	£445,995	£466,283	4% below HPI

1 TEAL WAY 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 1 TEAL WAY sales from October 2014 and May 2022 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 October 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 TEAL WAY be worth now?

1 TEAL WAY might now be worth an estimated £608,890.

This is based on house price inflation of 2.7%, between May 2022 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 2.7% inflationary increase is applied to the most recent sale price for 1 TEAL WAY of £593,000 on 24th May 2022. For the value to have increased from £593,000 to £608,890 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 TEAL WAY has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The May 2022 sale price of £593,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TEAL WAY has not materially changed since May 2022.

How Large is 1 TEAL WAY?

1 TEAL WAY is 124m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 TEAL WAY lies on this distribution: 30% of detached houses houses are smaller than 1 TEAL WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

1 TEAL WAY: Plot and Title Map

1 TEAL WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 TEAL WAY, 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 TEAL WAY). 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 TEAL WAY?

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