2, CHURN CLOSE, SOUTH CERNEY, CIRENCESTER, GL7 6HX - £400,000

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.

2 CHURN CLOSE is a small extended detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £467,005. It was last sold for £400,000 in December 2020, which was around 33% below the average December 2020 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 CHURN CLOSE Sold Prices

Land registry data shows three sales for 2 CHURN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three 2 CHURN CLOSE 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
2020 11 DEC	£400,000	£594,090	33% below HPI
2009 15 OCT	£282,000	£387,674	27% below HPI
2000 5 MAY	£145,000	£215,076	33% below HPI

2 CHURN CLOSE 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 three 2 CHURN CLOSE sales between May 2000 and December 2020 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 CHURN CLOSE be worth now?

2 CHURN CLOSE might now be worth an estimated £467,005.

This is based on house price inflation of 16.8%, between December 2020 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 16.8% inflationary increase is applied to the most recent sale price for 2 CHURN CLOSE of £400,000 on 11th December 2020. For the value to have increased from £400,000 to £467,005 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 CHURN CLOSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The December 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHURN CLOSE has not materially changed since December 2020.

How Large is 2 CHURN CLOSE?

2 CHURN CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% 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 2 CHURN CLOSE lies on this distribution: 22% of detached houses houses are smaller than 2 CHURN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

2 CHURN CLOSE: Plot and Title Map

2 CHURN CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 2 CHURN CLOSE, 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 2 CHURN CLOSE). 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 2 CHURN CLOSE?

2 CHURN CLOSE is located in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of No. 2 on CHURN CLOSE.