2, NEW BUNGALOWS, CIRENCESTER, GL7 1SW - £274,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NEW BUNGALOWS is a small detached house of 113m², built sometime between 1991 and 1995. It was last sold for £274,000 in March 2018, which was around 48% below the average March 2018 detached price in the Cotswold local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 NEW BUNGALOWS Sold Prices

Land registry data shows two sales for 2 NEW BUNGALOWS 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 2 NEW BUNGALOWS 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
2018 29 MAR	£274,000	£531,077	48% below HPI
2008 29 JAN	£140,000	£415,977	66% below HPI

2 NEW BUNGALOWS 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 2 NEW BUNGALOWS sales from January 2008 and March 2018 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 January 2008 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the March 2018 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 2 NEW BUNGALOWS be worth now?

2 NEW BUNGALOWS might now be worth an estimated £363,481.

This is based on house price inflation of 32.7%, between March 2018 and December 2024, 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 32.7% inflationary increase is applied to the most recent sale price for 2 NEW BUNGALOWS of £274,000 on 29th March 2018. For the value to have increased from £274,000 to £363,481 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 2 NEW BUNGALOWS has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The March 2018 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW BUNGALOWS has not materially changed since March 2018.

How Large is 2 NEW BUNGALOWS?

2 NEW BUNGALOWS is 113m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cirencester, and where 2 NEW BUNGALOWS lies on this distribution: 39% of detached houses houses are smaller than 2 NEW BUNGALOWS, and 61% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

2 NEW BUNGALOWS: Plot and Title Map

2 NEW BUNGALOWS sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2 NEW BUNGALOWS, 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 NEW BUNGALOWS). 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 NEW BUNGALOWS?

2 NEW BUNGALOWS is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 2 on NEW BUNGALOWS.