23, MINETY LAKE, LOWER MILL ESTATE, SOMERFORD KEYNES, CIRENCESTER, GL7 6GB - £855,000

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

23 MINETY LAKE is a small detached house of 168m². It was last sold for £855,000 in October 2024, which was around 13% above the average October 2024 detached price in the Cotswold local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

23 MINETY LAKE Sold Prices

Land registry data shows two sales for 23 MINETY LAKE 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 23 MINETY LAKE sales were for above 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
2024 4 OCT	£855,000	£758,274	13% above HPI
2022 4 NOV	£1,000,000	£728,273	37% above HPI

23 MINETY LAKE 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 23 MINETY LAKE sales from November 2022 and October 2024 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 November 2022 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2024 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 23 MINETY LAKE be worth now?

23 MINETY LAKE might now be worth an estimated £794,381.

This is based on house price deflation of 7.1%, between October 2024 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 7.1% deflationary decrease is applied to the most recent sale price for 23 MINETY LAKE of £855,000 on 4th October 2024. For the value to have decreased from £855,000 to £794,381 over the ten months to December 2024, the following assumptions must hold true:

• The value of 23 MINETY LAKE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The October 2024 sale price of £855,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MINETY LAKE has not materially changed since October 2024.

How Large is 23 MINETY LAKE?

23 MINETY LAKE is 168m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses houses in Somerford Keynes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Somerford Keynes, and where 23 MINETY LAKE lies on this distribution: 37% of detached houses houses are smaller than 23 MINETY LAKE, and 63% of houses are larger. Note that EPC data is not available for all properties in Somerford Keynes.

23 MINETY LAKE: Plot and Title Map

23 MINETY LAKE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 23 MINETY LAKE, 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 23 MINETY LAKE). 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 23 MINETY LAKE?

23 MINETY LAKE is located on LOWER MILL ESTATE in SOMERFORD KEYNES, in the GL7 postcode district. The below map shows the position of 23 MINETY LAKE on LOWER MILL ESTATE.