27 SPRING LAKE, THE WATERMARK, STATION ROAD, SOUTH CERNEY, CIRENCESTER, GL7 5TH - £180,000

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.

27 SPRING LAKE THE WATERMARK is a very small semi-detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £313,479. It was last sold for £180,000 in May 2011, which was around 22% below the average May 2011 semi-detached price in the Cotswold local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

27 SPRING LAKE THE WATERMARK Sold Prices

Land registry data shows four sales for 27 SPRING LAKE THE WATERMARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cotswold local authority area for the corresponding sale date. All of the four 27 SPRING LAKE THE WATERMARK 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
2011 23 MAY	£180,000	£231,759	22% below HPI
2009 11 DEC	£174,000	£231,123	25% below HPI
2005 13 DEC	£158,000	£214,014	26% below HPI
1998 29 JAN	£52,950	£85,980	38% below HPI

27 SPRING LAKE THE WATERMARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cotswold local authority area over time, sourced from the HPI. The four 27 SPRING LAKE THE WATERMARK sales between January 1998 and May 2011 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 December 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2011 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 27 SPRING LAKE THE WATERMARK be worth now?

27 SPRING LAKE THE WATERMARK might now be worth an estimated £313,479.

This is based on house price inflation of 74.2%, between May 2011 and March 2025, for semi-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 74.2% inflationary increase is applied to the most recent sale price for 27 SPRING LAKE THE WATERMARK of £180,000 on 23rd May 2011. For the value to have increased from £180,000 to £313,479 over the fourteen years and two months to March 2025, the following assumptions must hold true:

• The value of 27 SPRING LAKE THE WATERMARK has moved in line with the HPI for semi-detached houses in the Cotswold local authority area.
• The May 2011 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 27 SPRING LAKE THE WATERMARK has not materially changed since May 2011.

How Large is 27 SPRING LAKE THE WATERMARK?

27 SPRING LAKE THE WATERMARK is 81m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of semi-detached houses houses in South Cerney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Cerney, and where 27 SPRING LAKE THE WATERMARK lies on this distribution: 7% of semi-detached houses houses are smaller than 27 SPRING LAKE THE WATERMARK, and 92% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

27 SPRING LAKE THE WATERMARK: Plot and Title Map

27 SPRING LAKE THE WATERMARK sits on a plot of roughly 24.7 acres, or 99,981m². The below map shows the location of 27 SPRING LAKE THE WATERMARK, 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 27 SPRING LAKE THE WATERMARK). 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 27 SPRING LAKE THE WATERMARK?

27 SPRING LAKE THE WATERMARK is located on STATION ROAD in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of 27 SPRING LAKE THE WATERMARK on STATION ROAD.